The company’s shipped volume to the region was up 11% last year to 7.5 million tonnes of iron ore pellets. Revenues increased by 28% to nearly US$ 1.5 billion.
Browsing: Economy
The 2013 performance exceeded expectations, especially in quarter four. Investment and agriculture were highlights. Minister of Finance says result will remain as a trend for 2014.
Foreign sales of machinery and equipment from Brazil fetched US$ 1.13 billion in January. The figure is higher than in the same month last year.
International investors are to seek Brazilian diplomatic offices. The documentation is required in order to make investments of any sort in Brazil.
US dollar inflows to Brazil have exceeded outflows by US$ 94 million from February 1st to 21st, according to information released by the Brazilian Central Bank.
The bureau will help members through business dealings in South America. ‘We must find new opportunities,’ said the organization’s director Atiq Nasib.
A ceremony held in Dubai by Trade & Export Middle East magazine honoured the best foreign trade enterprises of 2013.
Brazilian debt securities amounted to US$ 86.9 billion as of the end of January. The sum increased as a result of US dollar sales on the future market.
Brazil’s Federal Revenue has announced the total amount of federal taxes paid last month: nearly R$ 124 bilhões. The agency forecasts a 3% increase this year from 2013.
Brazil exported US$ 3.666 billion worth of goods last week and imported US$ 4.312 billion. As a result, the trade deficit has risen to nearly US$ 2.7 billion month-to-date in February.
The Consumer Confidence Index has reached its lowest level since May 2009, as per a survey conducted by the Getulio Vargas Foundation.
Central Bank bulletin shows reduction in the Brazilian economy growth forecast for the third week running.
Brazil posted a US$ 11.6 billion current account deficit last month, the highest monthly deficit ever recorded in the country.
According to a report from the organization, the country needs to solve structural issues such as uneven access to schooling and tax system distortions.

