From the Newsroom*<\/STRONG><\/P> S\u00e3o Paulo \u2013 Exports from the southeastern Brazilian state of Minas Gerais registered growth of 26.2% in April when compared to the same month last year. The result is double the Brazilian average of 13% in the same comparison. In gross values, sales abroad by companies in the state of Minas reached US$ 1.65 billion.<\/P> The main products shipped were iron ore and coffee, as well as iron. In the accumulated result for the year, the state exported US$ 6.2 billion, growth of 11.6% over the same four months in 2007.<\/P> Imports from the state of Minas, boosted by the appreciation of the Brazilian real against the dollar, grew 84.3% in April, with most growth in inputs and capital goods, turned to renewal, expansion and competitiveness increase in production. Total purchases abroad reached US$ 823 million. In the year, imports totalled US$ 2.7 billion, growth of 47.1%. <\/P> As a result of the advance in imports, the state registered 3.7% reduction in the trade balance surplus in April, a slight reduction if compared to the trade balance reduction in Brazil as a whole, 58.3%. Despite the reduction in the Minas Gerais trade balance surplus, the result for the first four months of 2008 reached US$ 3.5 billion, equivalent to 76.8% of the whole of the Brazilian trade balance surplus for the period.<\/P> The figures were disclosed by the Exportaminas Centre and are based on a study by the Ministry of Development, Industry and Foreign Trade. In the last 12 months, May 2007 to April 2008, records were registered in exports, with a total of US$ 19 billion, in imports, at US$ 7.37 billion, and in bilateral trade, which reached US$ 26.37 billion. This, according to the organisation, shows the phase of foreign trade expansion that is being lived by the state of Minas Gerais.<\/P> *Translated by Mark Ament<\/STRONG><\/P><\/p>\n","protected":false},"excerpt":{"rendered":" Foreign sales of the southeastern Brazilian state of Minas Gerais reached US$ 1.6 billion in April, growth of 26.2% over the same month in 2007. In the accumulated result for the year, the state had revenues of US$ 6.2 billion with exports.<\/p>\n","protected":false},"author":2308,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-27181","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Foreign sales of the southeastern Brazilian state of Minas Gerais reached US$ 1.6 billion in April, growth of 26.2% over the same month in 2007. In the accumulated result for the year, the state had revenues of US$ 6.2 billion with exports.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/27181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2308"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=27181"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/27181\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=27181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=27181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=27181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}