Brasília – The Brazilian trade surplus grew 7.5% for the year-to-date through October 31st, totalling US$ 22.599 billion. Figures announced today (3rd) by the Brazilian Ministry of Development, Industry and Foreign Trade show that exports from January to October were equivalent to US$ 125.879 billion and imports, to US$ 103.280 billion. During the period, exports
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Moto Honda Amazonas exported 226 motorcycles to Morocco in the first half this year. The company wants to expand its presence in the Arab market, but is faced with strong Chinese competition.
The Brazilian state-owned aircraft manufacturer had a net profit of US$ 127 million in the third quarter of 2009. In the same period last year, the company reported losses.
José Goldenberg, nuclear physicist and former minister of Education, stated that the pre-salt discovery will take 10 years to yield results to Brazil, and will enable the country to produce a surplus.
The country will promote an international forum, in December, in order to introduce its stock market to foreign investors and increase the knowledge of local businessmen.
In a tribute to the centennial of the Brazilian singer, designer André Ungaratto has printed the artist on his summer collection. The garments were successful among women in the Gulf.
Organic Foods and Café is participating in the business roundtables at Biofach, which is taking place in São Paulo. The company plans to increase its purchases by up to US$ 3 million a year.
According to a research by the National Confederation of Transport, the country needs this volume to recover roads in bad conditions. Most are in the North.
The state, which concentrates national production in the sector, sold 264 motorcycles to the Arab country this year. Competition with China and India makes greater sales to the region difficult.
An agreement between Petrobras and the Sebrae has already qualified 2,300 Brazilian small companies to supply oil and gas. They are also prepared to operate abroad.
The Brazilian government has reduced the import tax for one of the varieties of tripolyphosphate that the country buys from abroad, from 10% to 2%. Tunisia is one of the suppliers of the product.
The country expanded imports of aniseed from the Arab world by 90% from January to September. The main supplier, in the region was Syria.
According to Euromonitor, expansion of urban life and the middle class, greater credit and more youngsters should make the country a greater consumer reference in Latin America by 2020.
The investment of foreigners in shares in Brazil totalled US$ 8.7 billion. The value, from early this year to last week, is the highest since 1947, according to the Central Bank.
