Browsing: Economy
From the Newsroom* São Paulo – Brazilian state owned oil company Petrobras announced today (11) that it will invest during the next ten years, together with partner companies, US$ 18 billion in oil and gas exploration and production projects in the Santos Basin. According to the company, the plan disclosed today foresees an increase in
Sales of the Brazilian subsidiary of the French company rose 26% last year. In all, production has totalled 93,500 vehicles, being 20,000 exported. The company has a 5% share of the Brazilian market and started producing cars in the country in 2001.
Agência Brasil Brasília – According to the Ministry of Development, Industry and Foreign Trade, the biggest growth in Brazilain exports last year was in manufactured goods. Compared to 2004, exports of manufactured goods rose 23.5% in 2005, accounting for 54.9% of all exports, compared to 55.1% in 2004. The total of exported industrialized goods (manufactured
Agência Brasil Brasília – Brazil exported a total of US$ 2.124 billion in goods during the first five days of January 2006, an increase of 19.8% over the first week of 2005. The rhythm of foreign trade remains strong. The daily average value of exports is running at US$ 424.8 million, and imports at US$
Together, the states that form the Northern region of Brazil, Roraima, Acre, Amapá, Amazonas, Pará, Rondônia and Tocantins, earned US$ 7.4 billion with external sales. It was the region where exports increased the most last year. The sales from Amazonas alone increased 86%, boosted by mobile phones.
Bilateral trade grew 28.3% last year. Imports rose 28% and exports 29%. Brazil imported US$ 5.3 billion in Arab products and had revenues of US$ 5.2 billion with sales to the region. The result exceeded expectations by the Arab Brazilian Chamber.
The money is going to finance the construction of 16 small electric energy production units in seven Brazilian states. Throughout the whole of last year, the bank gave out a total of US$ 20.12 billion in credit for projects in various sectors. The total was 17% greater than that given out in 2004.
Agência Brasil São Paulo – Minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, has announced his forecast for Brazilian exports in 2006: US$132 billion, which will be an 11% increase over 2005 (US$118.3 billion). Commenting on the fact that his forecast is the highest among various forecasts by market analysts, Furlan said "It
Agência Brasil* Brasilia – The US$ 117 billion aim in Brazilian exports, that was met on the 27th December, is going to be one of the topics that Brazilian minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, is going to talk about in his first interview in 2006. In the press conference, to
