Exports reached US$ 73.338 billion up until the second week of October, against US$ 73.084 during the whole of last year.
Browsing: Economy
The industry from the southern Brazilian state of Rio Grande do Sul took the opposite route from most companies: the company opened the doors of foreign trade before turning to the domestic market. What motivated BRV to appear as an exporter was the discovery of a sector that has, up to now, been little explored by the national factories: small retailers and international distributors. The Arabs purchase between 8% and 10% of production, but this volume should double by May 2005.
The success obtained by the country in the issue of bonds on the foreign market, last Wednesday, opens space for the private sector to do the same. According to analysts, the positive trade balance result and the primary surplus are the factors that have presented the greatest weight in the better perception of the Brazilian economy.
In the evaluation of specialists heard by ANBA, the increase in the volume of dollar reserves guarantees the country the possibility of paying its bills. Brazil should end the year with a trade balance surplus of US$ 32 billion in foreign trade. In the case of the Brazilian GDP, it should end the year of 2004 having growth of 4.4%, due to the foreign trade performance and to the improvement of employment and income levels in Brazil.
The country had revenues of US$ 5.85 billion with automobile exports between January and September this year. In relation to the same months of the previous year, the production volume increased by 25.3%.
Agência Brasil Rio – Petrobras, the Brazilian state-run oil giant, reports that between now and the year 2010 it will invest US$2.85 billion in pipeline transport of natural gas in Brazil. According to Ildo Sauer, director of Gas and Energy, the funds will ensure the linkage of pipelines in the Southeast and Northeast regions. Speaking
The Brazilian Micro and Small Business Support Service (Sebrae) is holding a series of seminars in the whole country to celebrate the day, dedicated to the small enterprises. These companies are growing in the export market. In 1998 there were 5,778 small Brazilian exporting companies. Last year this number had increased to 7,000.
In the first nine months of 2004, Brazilian export to the region has totalled US$ 3.014 billion, import US$ 2.829 billion, and bilateral trade has reached US$ 5.843 billion. In the whole of last year, shipping generated US$ 2.759 billion and purchases US$ 2.705 billion. Both the export volume and bilateral trade are historic records.
Agência Brasil Brasília – The cumulative trade surplus for the year, up to September 30, has reached US$25.121 billion – a new record (in 2003 the surplus was US$24.7 billion for the same period). Market forecasts for the year-end surplus are now at US$32 billion. Exports this year, January to September, reached US$70.278 billion, with
In all, 35 companies from the country participated in the largest furniture fair in the Middle East, organized in Dubai from the 22nd to the 26th of September. The Brazilian pavilion was visited by around 3,000 visitors and a total of 1,068 business contacts were made. Americanflex, from the city of Ribeirão Preto, in southeastern Brazil, was one of the highlights, having received orders for US$ 2 million worth of products.
Agência Brasil Rio – In the first half of this year, the Brazilian economy produced US$ 286.5 billion (R$ 816.8 billion), US$ 150.5 (R$ 429.1 billion) in the second quarter and US$ 136 billion (R$ 387.7 billion) in the first. These figures, released yesterday (30) by the Brazilian Institute of Geography and Statistics (IBGE), confirm
