Brazilian exports to the Arab nations decreased and revenue from July 2021 to June this year dropped. The cycle was of lower production, but the Arab bloc also diminished its share.
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From January to July 2021, the shipped volume declined. However, revenue from foreign sales grew. Egypt was the fourth largest buyer.
In January, Brazil’s revenue from exports to the Arabs climbed 74% from a year ago.
The country’s budget announced this Monday predicts a revenue of USD 222 billion and a deficit of USD 50 billion.
The Brazilian state-run utility company had posted USD 528 million in losses in Q3 2018. Revenue was up 9.7% and Ebitda increased by 303%.
Brazil’s Federal Revenue reported BRL 114 billion collected, up only 0.06% from September 2018, but still the highest amount for the month since 2014.
Deficit at public accounts was lower than a year ago, when it reached USD 3.6 billion.
Federal revenue reached almost USD 32 billion in the month, up 4.7% from a year ago, when the truckers’ strike impaired collection.