Browsing: Economy

Outbound and inbound goods amounted to a combined 85.7 million tonnes year-to-date through September, according to ports authority Codesp. The facility shipped out 26.5% of all exports from Brazil.

Commodity shipments to the region dropped 6.24% in the accumulated result for the year, but rose 28% in September, fostered by Libyan purchases. Prices have been rising since halfway through the year.

Brazil may buy 600 tonnes of wheat free of tax from foreign countries, according to a Foreign Trade Chamber resolution issued this Wednesday (30th). The tax had already been lifted once this year, in April.

Brazilian capital goods export revenues stood at US$ 8.9 billion year-to-date through September this year, according to industry association Abimaq figures. Foreign sales also declined in September alone.

The Getúlio Vargas Foundation index measuring confidence in the economic sector in the country dropped 0.2% in the period from August to October, with 97.8 points. This is the lowest level since 2009.