Exports exceeded imports by US$ 383 million last week, causing the year-to-date result to shift from a deficit to a US$ 108 million surplus.
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The increase took place in October from September, according to the Brazilian Central Bank. It was the highest rate since April’s 1.38%.
Boteko Brasil, owned by the Rio-based businesswoman Alessandra Cardoso, serves typical Brazilian foods and beverages in a club exclusively for females in the Emirates. The second unit should open next year.
A survey conducted by the Industrial Marketing and Studies Institute (IEMI) shows furniture and mattress shipments will be down 15.4% in 2013 from 2012. Imports should be up 6.5% to 13.5 million.
A survey conducted by the National Confederation of Industry shows the country ranked next-to-last in a list of 15 countries. Countries with similar features were surveyed.
Bloc comprising Chile, Peru, Colombia and Mexico held an event marking its official launch for the Gulf region, seeking trade and investment.
According to the Brazilian president Dilma Rousseff, the focus next year will be on railway transportation. According to her, the 21st century will require world-class railroads.
The Economic Commission for Latin America and the Caribbean forecasts that the countries in the region will grow by 3.2% next year and 2.6% this year. The best performing country should be Panama.
Dollar outflows from Brazil have exceeded inflows by US$ 2.6 billion in the first week of December this year, according to figures from the Central Bank.
The Brazilian balance of trade showed a US$ 275 million deficit last week, following a surplus in November.
Brazilian exports of agricultural products to the region netted US$ 850.2 million in November this year. Foreign sales to Africa, which is also home to Arab countries, were down 22.5%.
The secretariat in charge of the sector has announced that five new private terminals – two located in the state of Rio de Janeiro, two in São Paulo and one in Santa Catarina – will be eligible for concession.
Brazilian financial institutions have revised down their 2013 GDP growth projections. The new growth forecast is 2.35%, as against a prior estimate of 2.5%.
The 19th edition of the event will take place from January 2nd to February 2nd in the emirate. Last year, 4.3 million consumers participated in the event, spending a combined US$ 4 billion.
