In the third week of April, the Brazilian balance of trade recorded a US$ 240 million deficit, with exports grossing US$ 3.7 billion and imports amounting to US$ 3.9 billion.
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The forecast of how much Brazil’s economy is expected to shrink in 2015 has gone from 1.01% to 1.03%, as per the Focus Bulletin. This year, the country should post a US$ 4.3 billion trade surplus.
Revenues from foreign sales from Brazil to Arab countries were up 1.03% year-on-year in March. The export volume increased by 27.7%.
Manufactured volume in Brazil was down 7.4% from March 2014 2.8 million tons, as per data from industry organization Instituto Aço Brasil.
Representatives of the private sector of the 20 biggest economies released proposals to try to eliminate bottlenecks that hinder the expansion of jobs and investments in countries facing difficulties.
The Arab country stepped up its purchases from Brazil in quarter one this year and ranks 11th among the leading destinations for Brazilian shoes abroad. Overall sales dropped.
The event will take place on June 11th and 12th in Tunis. According to Sabri Bachtobji, the Tunisian ambassador in Brazil, his country is looking to draw capital into industry, agriculture, tourism and pharmaceuticals.
Until April 10th, the country posted a surplus of US$ 969 million of dollar inflow over outflow, according to information from the Brazilian Central Bank.
Economic activity was up 0.36% from January, based on an index from the Brazilian Central Bank. In the first month of the year, activity slowed down from December 2014.
The institution had a 15% increment in earnings in quarter one this year from quarter one of last year. In the first three months of 2015, the bank posted US$ 321.5 million in profit.
According to the agency, 4% is the estimate for world trade growth in 2016. In a statement released this Tuesday (14th), the organization indicates that it doesn’t expect an expressive expansion in the short term.
The Fund expects 0.9% growth in Latin America and the Caribbean in 2015, barring Brazil, which should experience a slowdown. The forecast for 2016 is one of improvement.
The US$ 132 million surplus recorded in the first two weeks of the month in Brazil was the outcome of US$ 5.053 billion in exports and US$ 4.921 billion in imports.
Consumer demand in Brazil increased by 16.7% from February and 14.9% from March of last year.
