Brazil: Brazilian imports from Portuguese-speaking countries rise 134 pct between January and September

23 October 2008

Brasilia, Brazil, 23 Oct – Brazilian imports from the Community of Portuguese-speaking Countries (CPLP) rose 134.4 percent to US$2.51 billion in the first nine months of this year, against the same period of 2007, officials said.

In the opposite direction, Brazilian exports to CPLP countries totalled US$2.73 billion, a rise of 30.9 percent year on year the Brazilian Ministry for Development, Industry and Foreign Trade said.

Brazil’s trade surplus with CPLP countries fell from US$1.02 billion to US$220.82 billion in the period, as a result of record imports this year from CPLP countries.

Angola and Portugal accounted for practically all trade between Brazil and the CPLP, with trade of US$3.33 billion and US$1.85 billion, respectively.

Last year, total trade between Brazil and CPLP countries was US$4.39 billion, with Brazil posting a surplus of US$1.8 billion.

Total Brazilian imports were US$131.22 billion, a rise of 52.4 percent, in the period.

Total Brazilian exports were US$150.86 billion, a rise of 28.7 percent, year on year in the first nine months of the year.

Brazil posted an overall trade surplus of 19.64 billion, a fall of 36.8 percent in the period. (macauhub)