The Arab country bought USD 19.6 million worth of Brazilian shoes from January through November. Saudi Arabia’s imports declined.
Year-to-date until November, administrative expenses increased in comparison to the same period of last year. But, with inflation adjustment factored in, spending was lower.
The estimation by the minister of Agriculture Kátia Abreu takes into account the opening and securing of new markets abroad occurred in 2015, especially for beef exports.
The state-owned company’s chief Aldemir Bendine told the press that it will emerge stronger and more mature from the crisis, and that performance will improve within four years.
The Brazilian Central Bank’s governor, Alexandre Tombini, said that next year the rise in prices will stand within the limit of 6.5% and that he expects the inflation rate to hit the target center of 4.5% in two years.
In November, the main fall happened with shipments of iron ore. Revenues totaled USD 849.2 million. In volume, sales declined 33%.
Demand increased in November from October in Brazil, according to a survey conducted by Serasa Experian. The biggest increment came from large businesses.
Brazil exported USD 4.2 billion and imported USD 2.6 billion worth of goods last week. Average daily foreign sales were up 12%, with purchases down 6.5%.
A Brazilian Central Bank poll of financial institutions shows that inflation is expected to rise this year and in the next as Gross Domestic Product (GDP) shrinks.
The trademark of the Moroccan airline will be on the game-day jerseys of Santos Futebol Clube starting in 2016. The partnership was announced this Friday (11th) and was being negotiated since the middle of the year.
An event in Rio de Janeiro will address the situation of victims of the Palestinian conflict who lived in Syrian camps, but were forced to seek refuge elsewhere.
Foreign sales totaled USD 910 million from January to November and caused the food trade balance to post a surplus.
Brazilian coffee exports to the Arab world reached 1.36 million bags from January to November of this year, according to coffee exporters association Cecafé. Revenues from sales to the region also improved.
The Brazilian federal government estimates that passenger numbers at airports across the country are set to drop 20% over the comparable period in 2014.
