GlobalAutoTV
Click to watch Wim van Acker -
Click to watch Wim van Acker -
latin resources

Need an office in Mexico or Brazil? Office suites, meeting rooms, virtual offices, network access



free downloads
LATIN AMERICA: "Private equity roundup for Latin America" report

LATIN AMERICA: "Private equity roundup for Latin America" report. 16-page report by Ernst & Young.

proceed to download
eJournals




back to index backLATINtalk November,  2005


Brazil September trade surplus widens from August

Brazil posted a trade surplus of $4.3 billion in September as strong exports and weaker imports pushed the result above the $3.67 billion surplus posted in August, the trade ministry said on Monday.

The surplus came in at the low end of economists' estimates which ranged from around $4.3 billion to $4.5 billion.

The figures widened the year-to-date surplus to $32.67 billion.

Brazil's currency, the real, is trading near its strongest in 40 months and has made imports more affordable for Brazilian consumers and manufacturers.

Spiking costs for key commodities contributed to a jump in the dollar value of exports of key farm products like soy. Sales of manufactured goods ranging from aircraft to shoes have held up despite a stronger real.

"Exports and imports are still growing at relatively high rates, but exports are increasing at a faster rate," said Sandra Utsumi, an economist at BES Investimento in Sao Paulo.

Exports fell slightly to $10.6 billion in September from $11.35 billion in August. Imports were down to $6.3 billion in September from $7.7 billion in August.

Economists surveyed by the central bank in its latest weekly survey predicted Brazil's trade surplus would end the year at $41 billion.

Brazil's government is expected to revise its full-year estimate later on Monday after Trade Minister Luiz Fernando Furlan said the surplus was over $41 billion in the 12 months to September.

Source: Reuters - GAI


previous page

go top
search our site


Loading

LATINtalk

Other articles from the same issue (November,  2005).

Mexico Holding Its Own in 2005
play read on

Pedal to the Medal
play read on

Brazil Is World's Fifth in Growth of Foreign Investment, Ahead of China
play read on

NAFTA 10 Years Later: Mexican Supply Chains
play read on

Brazil says China deal is falling short of its hopes
play read on

Language training in Spanish and Portuguese for global managers on the move in Latin America
play read on

A Mexican Point of View: Illegal cars: Legalizing illegality
play read on

Business Practices in Mexico
play read on

Health Information for Visitors to Mexico and Central America
play read on

Mexico Emerges from 10-Year Credit Slump
play read on

Brazil: Benefit Survey 2004
play read on

Relocating to Latin America
play read on

Brazil September trade surplus widens from August
play read on

Chaveznomics: Venezuela's Private Sector Under Siege
play read on

Is your business getting “Lost in Translation”?
play read on


Our Free eJournals
GlobalAutoExperts

To visit GlobalAutoExperts Directory, click here.


©2008 GlobalAutoIndustry.com | HCI Group, Ltd.
101 West Big Beaver Road, Suite 1400 | Troy, MI 48084 USA
USA Tel: +1.248.687.1060 | USA Fax: +1.248.927.0347
Fax UK: +44.(0)845.127.4765 | Fax Europe: +31.20.524.1659 | Fax Asia: +852.3015.8120