In comparison with the last quarter of 2009, growth was 2.38%. The Central Bank’s Economic Activity Index contributed to the BC decision regarding the benchmark interest rate, the Selic.
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Bahrain, Saudi Arabia and Yemen were the second main markets for exports from the Amapá, Sergipe and Federal District states, respectively. Sugar, iron ore and meat were some of the main products.
The company signed an agreement with Modern Mining Holding Company Limited for the construction of a calcinated petroleum coke plant in the Arab country. Investment should be US$ 450 million.
Brazilian foreign sales totalled US$ 160 million this month, representing growth of 97% compared with the same period of last year. In the last four-month period, exports totalled US$ 555.9 million.
Figures disclosed by the sector association show that wholesale revenues in 2009 were US$ 6.1 billion more than in 2008, with growth of 4%. In 2010, the sector hopes to grow at least 6%.
Brazilian exports, in the second week of May, totalled US$ 4.363 billion, and imports, US$ 3.411 billion.
Brazilian sales in the first quarter totalled 15.3% over the same period last year. Bilateral trade reached US$ 5.1 billion, expansion of 40%.
Works pertaining to government growth acceleration and housing programs and to the elections should boost paint and varnish sales in Brazil in 2010, according to the Sitivesp.
The agency will inaugurate an unit in Moscow, Russia, on Monday, to promote investment and trade. The Apex already has five other centres, one of them in Dubai, in the United Arab Emirates.
A popcorn vendor from Aracaju, the capital of the state of Sergipe, has become a supplier to the state-owned oil company Petrobras, which uses the grain in oil spill management simulations.
The Brazilian Development Bank (BNDES) should sell its first bonds to a foreign sovereign fund soon. The Middle East is interested.
Ornamental plant producers from the interior of the state of São Paulo are working, training to increase their output, and are already dreaming of exporting to the Middle East.
According to the Brazilian diplomats, the objective is to guarantee the right of developing countries to produce generic drugs.
The Brazilian minister of Finance, Guido Mantega, said on this Wednesday that the country’s economy is running strong, the minimum wage had real growth, and social inequalities have decreased.
