Brazilian foreign sales declined 5% in comparison with 2017. Results of the second half compensated part of the loss and the sector is expecting growth for 2019.
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The US currency declined 1.7% at the first working day of the new Brazilian president Jair Bolsonaro’s administration. Ibovespa surpassed 91 thousand points for the first time.
Foreign sales from Brazil reached USD 239.5 billion in 2018, a 9.6% increase over 2017. Imports grew 19.7%, reaching USD 181.2 billion. The balance stood at USD 58.3 billion positive, the second highest value.
An index from Brazilian think tank Fundação Getulio Vargas climbed for the third time back-to-back in December, by 1 point to 95.9.
Sales of the duty-free shops in the Emirates airports grew 4.3% over last year.
Brazilian companies looking to promote their products abroad in 2019 can enroll for five different fairs and missions.
The organization’s chairman Rubens Hannun traveled to the Arab country for meetings with authorities and private sector players.
Summing all up, Brazilian federation, states and cities showed a primary deficit in November according to Central Bank.
Rate was registered in the quarter ended in November according to survey by IBGE.
FGV index rose 1.3 point in December over November
List includes permission to export livestock, honey and honey-based products, and bovine and poultry genetic material for Saudi Arabia.
The funds originated from Pré-Sal Petróleo (PPSA), a company affiliated with the Brazilian Ministry of Mines and Energy.
FGV’s index rose from Novembe,r standing at 94.8 points, still below figures from this year’s first semester
Ten credit operations have been approved this month by the state-run bank for investment in distributing companies in several states across Brazil.
