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MercoPress, en Español

Montevideo, September 21st 2024 - 10:27 UTC

Tag: Brazil exports

  • Thursday, August 8th 2024 - 09:24 UTC

    Brazil records US$ 7.6 bi trade surplus in July

    Sales to Argentina continued to drop as a result of the latter's seemingly endless crisis

    Given that sales abroad reached an all-time high of US$ 30.9 billion in July, Brazil recorded a foreign trade surplus of US$ 7.6 billion, according to data released Tuesday by the Ministry of Development, Industry, Trade, and Services, which represented a 6.6% drop from the US$ 8.2 billion surplus in July 2023, Agencia Brasil reported.

  • Thursday, October 5th 2023 - 10:59 UTC

    Brazil reports record trade surplus in September

    Brazilian exports are expected to remain stable in 2023 while imports are likely to fall by 11.5%

    Thanks to lower fuel imports and improved grain harvest results, Brazil's Ministry of Development, Industry, Trade, and Services this week announced a trade surplus of $8.904 billion for September 2023, a 51.2% improvement over the same month last year, Agencia Brasil reported.

  • Saturday, August 26th 2023 - 18:56 UTC

    Brazil assessing risks and reactions from a sustained slowdown of China's economy

    In January/July, Brazilian exports to China surged by 6.9%, driven by shipment quantities, amounting to US$ 58.7 billion. The global average was a mere 0.2%.

    The slowdown of the Chinese economy, where Brazil shipped 30% of its exports in the first seven months of the year are underscoring the nation’s substantial vulnerability to the fluctuations in the Asian giant, and President Lula da Silva electoral promises of a quick recovery to his followers.

  • Saturday, May 7th 2022 - 10:44 UTC

    Booming beef industry and exports for Brazilian company

    The North America Operation represented 71% of Marfrig’s total net revenue in the first quarter of the year

    One of the largest beef companies in the world with operations in several continents presented its financial results for the first quarter of 2022. Brazil's Marfrig net revenue was 22.3 billion reais, up 29.6% year-on-year. Adjusted Ebitda reached 2.7 billion reais in 1Q22, up 60.9%, and the adjusted Ebitda margin was 12.3%.

  • Monday, July 26th 2021 - 17:50 UTC

    Brazil targets 300 million tons of grain for the 2024/25 harvest

    In meat, there will be strong pressure from the international market, especially for beef and pork, and Brazil will continue to lead the global chicken market

    Brazil should collect more than 300 million tons of grain by the 2024/25 harvest, three seasons earlier than initially planned, according to new projections by the Ministry of Agriculture. The previous forecast was to reach the target in the 2027/28 cycle.

  • Wednesday, August 12th 2020 - 09:19 UTC

    Far East absorbs all the pork Brazil can produce; in July exports soared 48% over a year ago

    Exports of pork from January to July climbed 38,78% to 579,900 tons compared to 417,800 tons exported in the same period of 2019

    According to the Brazilian Association of Animal Protein, (ABPA), in July, Brazilian pork exports (both fresh and processed) totaled 100,400 tons – 47.9% higher than in the same period of 2019, with 67,900 thousand tons. In revenue terms, the total balance of July reached US$203.1 million, a figure 37.3% higher than that registered in July last year, at US$147.9 million.

  • Friday, February 1st 2019 - 09:59 UTC

    Brazil and China prepare for first high-level political and economic talks since 2015

    The meeting should advance talks to permit more Brazilian meatpackers to export to China and to accelerate Chinese approvals of genetically modified products

    Brazil and China are expected to hold their first high-level political and economic talks since 2015 later this year, Brazil’s agriculture trade secretary said on Thursday, in a move likely to boost farm trade between the two countries.

  • Monday, September 24th 2018 - 09:15 UTC

    Petrobras plans to increase output 10% next year to some 2.3 million bpd

    The world’s most indebted oil company is on course to reduce debt to US$ 69 billion by the end of this year, CEO Grisolia pointed out.

    Brazil’s state-run oil giant Petrobras aims to raise output as much as 10% to around 2.3 million barrels per day (bpd) in 2019 and cut net debt by US$10 billion, according to Chief Financial Officer Rafael Grisolia. The world’s most indebted oil company is on course to reduce debt to US$ 69 billion by the end of this year despite falling short of its US$ 21 billion asset sales target, Grisolia pointed out.

  • Wednesday, June 6th 2018 - 08:19 UTC

    Brazil's trade surplus in May reached US$ 5.981 billion

    There was an increase of 18.4% in basic exports, while sales of manufactured and semi-manufactured goods fell 17.3% and 9.5%, respectively.

    Brazil's trade balance recorded a US$ 5.981 billion surplus in May, resulting from US$ 19.224 billion in exports and US$ 13.260 billion in imports, said the Ministry of Industry, Foreign Trade and Services (MDIC).