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 Brazil's trade balance result (exports minus imports) maintained a good level of growth in the first three working days of May, reaching US$ 545 million, a daily average of US$ 181.66 million.
This is a little less than in the last week of April, due to the daily average of imports rising 10.28% over the previous month, whereas foreign sales grew just 2.21%.
Exports totaled US$ 1.909 billion between the 2nd and 4th of this month, whereas imports reached US$ 1.364 billion. With this movement, foreign sales in the year have already reached US$ 48.360 billion, or 16.85% more than in the same period in 2006, and purchases reached US$ 34.829 billion (24.26% growth), and the accumulated result for the year is US$ 13.531 billion, 1.54% over the balance registered in the same period in 2006.
April Best
In April alone, the Brazilian trade balance registered a surplus of US$ 4.203 billion, an increase of 25.20% over the result of the previous year and 35.67% over the same month last year. This was the best monthly balance in the year, and was the result of exports of US$ 12.449 billion and imports of US$ 8.246 billion.
The figures are rising in both areas of trade. Exports grew 18.23% in the first four months of the year, whereas imports rose 24.68%, as shown in the monthly bulletin of the Ministry of Development, Industry and Foreign Trade.
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Not so in Brazil !
When the currency is strong they announce the results in a foreign currency and when their currency is weak they announce their results
in local currency.
Great "apparent growth"....GUARANTEED...whatever happens !
Is this not what is called....STATS MANIPULATION ???
Reality being your export grow.mostly due to....a depreciating US$ value ONLY !
The real growth rate being in fact much lower in local currency terms !