In the second week this month, exports reached US$ 4.602 billion and imports, US$ 3.736 billion. From January until last week, exports totalled US$ 188.269 billion.
Author: Agência Brasil
The estimate of financial market analysts for growth of the Brazilian economy in 2010 has risen from 7.54% to 7.61%. For 2011, the projection of analysts for expansion of GDP remains at 4.5%.
In Brazil, the sector should end the year with over US$ 130 billion in revenues. Imports may exceed US$ 25 billion.
The municipality of São Paulo remained the leading generator of industrial wealth in Brazil in 2008, according to a Statistics Institute survey. However, the city’s share dropped compared with 2004.
The crop in 2010/2011 should drop 0.1% as against the previous one, according to the Conab. The forecast is for cultivation to take place on 48 million hectares, growth of 1.3% over the previous crop.
The sector was the only one that grew as against the previous three months. In comparison with the same period in 2009, however, there was also expansion in industry and agriculture.
Brazilian industrial production grew in four of the 14 Brazilian states researched by the IBGE. The highlights were Bahia, with growth of 5.4%, and Espírito Santo, where production grew 3.8%.
In November, 321,100 vehicles were manufactured, representing growth of 10% over the same month last year. So far this year, exports have risen by 58.1%.
According to the Brazilian president, the 14% decline in deforestation in Amazon this year paves the way for the 80% target set in Copenhagen last year to be reached.
Brazilian trade balance had a surplus of US$ 580 million in the first week of December, in three working days. Exports totalled US$ 2.67 billion, and imports, US$ 2.09 billion.
After having remained stable for a couple of months, Brazilian industrial production grew 0.4% from September to October. In comparison with October 2009, there was growth of 2.1%.
This is the difference between Brazilian exports and imports. In the same period last year, the surplus was higher: US$ 611 million.
The recovery seen in Latin American countries after the economic crisis of 2008 was responsible for the reduction of poverty in the region, according to a report by the Eclac.
The figure is required for the country to meet its demand for power over the next ten years. Oil and gas should receive investment of US$ 388 billion, and electric energy should get US$ 22 billion.
