Brazil ran a USD 2.2 billion surplus last month as exports cooled off and imports climbed, prompting the government to revise its yearlong estimate.
Browsing: exportação
The company’s Brazilian arm supplies equipment to be used in works for the 2022 FIFA World Cup.
The deficit narrowed as a result of a 5.5% hike in exports and a 4.4% drop in imports.
Capital goods exports from Brazil reached USD 824 million in August, down 15.7% from August 2018.
Foreign sales fetched USD 4.422 billion and foreign purchases amounted to USD 3.454 billion, leading to a USD 968 million trade surplus.
The first eight months of the year saw 1.14 million bags shipped from Brazil to the Arab bloc. Overall, exports saw the largest volume for the period in the last five years.
For a few years now, investments are being made to improve quality. The result is rising exports to countries like Algeria, the second biggest destination.
Launch of the Brazilian Breeders occurred during the International Poultry and Pork Show. Project is led by ABPA and Apex-Brasil.
Industry representatives are hoping to take advantage of chicken sales to ship more product to markets including the Middle East.
So says the Brazilian Animal Protein Association (ABPA), which is about to launch a poultry genetics brand. Sales to Saudi Arabia were up 5% through July.
Brazil shipped 7.9 million pairs, up 65% year-on-year. Revenues climbed 44% to USD 84.35 million.
The country saw 1.55 million units sold year-to-date through July. Foreign sales were down 38% during that.
Brazil ran a USD 2.3 billion surplus last month, the lowest for the month since 2010. Both exports and imports slid.
The industry grossed BRL 6.75 billion, down 12% year-on-year, and exports are also on their way down.
