The increase was over October 2015 and it was the second consecutive one. In comparison to November 2014, however, there was a decline of 7.8%.
Author: From the Newsroom
Brazil earned USD 5.9 billion with external sales in 2015, a decline of 18% over 2014. The Egyptian market, however, expanded 8%.
The agreement with the International Monetary Fund does not involve cash yet, only assistance with cutting spending and improving the financial system.
Nearly 19,000 tons were shipped abroad from Brazil last year, up 53.5% from 2014. The United Arab Emirates was the leading buying country.
The industry grossed USD 88.22 billion in Brazil, down 8.8% from 2014. The Brazilian Ministry of Agriculture rates the performance as good for a slumping economy.
Brazil registered a USD 150 million deficit last week, the result of USD 2.922 billion in exports and USD 3.072 billion in imports.
Forecast is from the Focus Bulletin, published by the Brazilian Central Bank with outlooks from financial institutions for Brazil’s economy. Estimation is for a 2.99% shrinkage in 2016.
Financial aid will be made available once the national unity government takes office, said European Union foreign policy chief Federica Mogherini.
In 2015, Brazilian citizens withdrew BRL 53.568 billion (USD 13.295 billion) in excess of what they deposited into savings accounts, in the weakest performance since 1995.
The FAO-measured price index dropped 19% in 2015. All groups of products became cheaper due to the excess of supply and global economy’s weak performance.
Over 416,900 units were shipped abroad last year, but revenues slid 8.7% to USD 10.5 billion.
The company announced the purchase of shareholding in frozen food distributor in the Gulf country. Talks over the agreement begun in 2015.
The institution expects a ‘modest’ performance this year, but superior to 2015. Brazil should keep plodding through recession, with growth set to resume only in 2017.
The number of containers handled at Khalifa Port was up 32%. Vehicle traffic increased by 27%. General cargo, bulk cargo and passenger throughput also grew.
