Browsing: Economy

Of the eight units of the federation of Brazil that had less than US$ 100 million in foreign trade up to the end of last year, none had export growth below 20%. The state of Tocantins, in northern Brazil, for example, had a 157% increase in revenues with foreign sales in 2004, reaching a total of US$ 116 million. In the case of Rondônia, also in the north, exports reached US$ 133 million. Both are included in a Federal Government program created to elevate the participation of ten states in the

The Brazilian oil giant was one of the international companies to win the first tender of the kind ever to take place in the Arab country. A total of 14 exploration blocs were offered. Libya has the eighth largest crude oil reserves in the world, and was one of the nations visited by Brazilian president Luiz Inácio Lula da Silva during his visit to the Middle East and North Africa in December 2003.

Clothes produced by the company from the southern Brazilian state of Santa Catarina will reach the Arab countries through an office to be installed in the Italian city of Gallarate, in April. Marisol has eight exclusive stores in Lebanon, one in Kuwait and another in Qatar. The inauguration of the new distribution centre is part of the company plan to increase exports, which currently represent 6% of revenues. Marisol wants the international market to answer to 20% of revenues by 2010.

Fragole produces beach fashion products, like hand-painted or embroidered bikinis, shorts and bathrobes with shells and crystals. The difference has guaranteed the company adepts outside the country in no time. Among the markets that are destinations for their products are the United Arab Emirates. In 2004, they had revenues of US$ 200,000 with exports. The company manager and partner, Cláudia Regina Tropea, plans to increase these revenues to US$ 300,000 this year.

From the Newsroom São Paulo – The Brazilian industries exported 212 million pairs of shoes last year, with an increase of 12% over the previous year. The information is from the Brazilian Association of Shoe Manufacturers (Abicalçados). In 2003, 188.6 million pairs of shoes were shipped. The revenues, released in the beginning of January, was

Exports rose 1,767% in terms of revenues and reached US$ 12 million. The value is small when compared to the US$ 4 billion that the country exported to the Arabs, but represents 44.5% of total foreign sales of the Federal District, in midwestern Brazil, where country capital Brasília is located. Rio Grande do Sul, in the south, also had important participation in trade with the Arabs, rising from the third to the second position in the list of states that had most revenues with exports to the re

Brazil doubled its foreign sales of musical instruments in 2004. Quality and low cost are the main competitive advantages of the domestic products, which cost around two thirds of the price of instruments made in other countries. Weril, a company that makes wind instruments, has never exported as much as last year. Giannini, which makes string instruments, also registered export growth in 2004. The United Arab Emirates are among the new markets for Brazilian companies on foreign trade.