Brasília – The Brazilian balance of trade (exports minus imports) recorded a surplus of US$ 1.66 billion in the third week of August. Foreign sales totalled US$ 5.304 billion, and purchases, US$ 3.638 billion. The surplus for the month so far stands at US$ 2.119 billion, with purchases of US$ 11.193 billion and sales of
Author: Agência Brasil
The Brazilian banking institution posted net profit of US$ 2.5 billion in the first half of the year. As of late June, net assets stood at US$ 17.7 billion.
Brazilian sector sales to developing nations grow 20% per year. They answered to 39.6% of total exports in 2001, but have now reached 48%.
The country manufactured 17.44 million tonnes of raw steel in the first half this year. Good performance in the construction, automobile and machinery sectors contributed to the result.
The average price stipulated by the state government should foster product crops, which, according to Conab estimates, should reach 3.54 million tonnes.
The Brazilian enterprise acquired gas stations and services from ExxonMobil. The US$ 400 million deal should be paid next year.
Foreign sales of Brazilian agricultural products reached US$ 7.9 billion in July, representing growth of 50% compared with the same month in 2007.
The forecast was made by the executive secretary at the Ministry of Agriculture, Silas Brasileiro. A survey estimates that the current crop should total 144 million tonnes.
The Brazilian minister of Foreign Relations said today that the lack of an agreement harms the agricultural production of impoverished countries, as wealthy nations are maintaining their subsidies.
Brazilian industry produced 1.89 million vehicles in June, exceeding France by 120,000 units in the first half of the year.
