Foreign sales from Brazil were down 2.6%, while purchases were up 11.7%. The resulting trade surplus exceeded USD 1 billion.
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Total oil, oil product and natural gas sales exceeded purchases in the country from January to May of this year.
The 50th International Shoe and Accessories Fashion Fair (Francal) will take place at Expo Center Norte and the industry outlook is good. Guest importers include 11 Arab ones.
Sales in Brazil increased 3.6% in June and 14.4% in the year’s first six months.
Industry players will convene next August in Paraná for the Brazilian Forum of Dry Bean, Pulses and Special Crops. The event will also be joined by the Global Pulses Confederation (GPC), which is based in Dubai.
IPCA, the official inflation rate indicator in Brazil, registered 1.26% in June, the highest rate for the month since 1995.
A provisional measure that creates the program Rota 2030 was signed this Thursday (05), aiming to make the Brazilian auto industry adapt to the new global challenges in the production and use of cars.
Eumar Novacki, executive secretary of Brazil’s Ministry of Agriculture, will visit the two Arab countries in September, aiming to increase market share for Brazilian agricultural products.
The plane makers will enter into a joint venture comprising all of the Brazilian company’s commercial aviation operations. The US-based company will retain an 80% stake in the USD 4.7 billion deal.
The BNDES’s pilot project will allocate BRL 10 million (USD 2.64 million) to support innovation companies.
The North American currency had an appreciation of 0.45% this Wednesday and ended the day at BRL 3.913.
The average number of measures per month went from three to six amid the trade war triggered by United States president Donald Trump.
The Brazilian Animal Protein Association (ABPA) said the trucker strike had a major impact on the industry’s foreign sales.
Dollar inflow surpassed outflow in Brazil last month. Year-to-date, there’s a forex surplus of USD 22.5 billion.
