Exports daily average stood 10.5% above the one registered in October’s first week, according to the Ministry of Industry, Foreign Trade and Services (MDIC).
Author: From the Newsroom
The global foreign direct investment (FDI) flows reached USD 470 billion in H1 2018, according to UNCTAD, under the impact of earnings repatriations to the US.
September saw 81,590 units made in industry cluster Polo Industrial de Manaus. The industry revised up its 2018 output growth projection.
The company’s president said at a conference that there are plans to increase current oil and gas output from 4.8 million bpd to 6.5 million bpd in the next eight years.
Year-to-date through September, the country saw a USD 5 billion deficit, up 23% from a year ago.
The conference will run from October 22 to 26 in Geneva, Switzerland and 5,000 participants from 160 countries will attend. The theme is ‘Investing in Sustainable Development.’
Brazil’s trade surplus in October’s first week was the result of USD 5 billion in exports and USD 3.7 billion in imports.
The country wishes to host the UN Climate Change Conference in November of next year.
The aim of these investments throughout the next few years is to maintain and even expand the country’s spare oil production capacity.
Foreign sales totaled USD 71.4 million in September, a drop of 26%. However, exports to the United Arab Emirates rose.
The 24th Dubai Shopping Festival lasts thirty days, starting on December 26, with events, promotions and entertainment.
Exports by the industry totaled USD 329 million from January to August, up 8.9%. Pharmaceuticals represented over a third of this amount.
Foreign sales amounted to USD 734 million in September. Shipped volume also went down, driven by weaker demand in Argentina.
Industry turnover was about EUR 1 billion from January to September 20, up 28% from a year ago.
