Brasília – Brazilian companies are investing less abroad. According to the Central Bank, in the first half of this year, US$ 7.058 billion left for the purchase of shares in companies abroad, but US$ 4.248 billion in sales of assets returned to Brazil.
With this, the Brazilian net investment (outflow, discounting return) in acquisition of capital abroad totalled US$ 2.81 billion in the first half of this year, an 80.7% reduction over the same period last year (US$ 14.597 billion).
In the case of intercompany loans (between companies in Brazil and abroad), there was greater inflow into the country than outflow. In the first six months of the year, net revenues, funds that the country received above disbursements, the total was US$ 7.822 billion, as against US$ 17.081 billion in the first half of 2011.
The Central Bank figures also show that the profit and dividend revenues of Brazil grew, rising from US$ 690 million in the first half of last year to US$ 4.029 billion in the first six months of this year.
*Translated by Mark Ament
