Brazil-Portugal trade falls 37 pct in first eight months of 2009

7 September 2009

Brasilia, Brazil, 7 Sept – Trade between Brazil and Portugal between January and August fell 37 percent against the same period of 2008, to US$1.049 billion, according to figures from Brazil’s Development, Industry and Foreign Trade Ministry.

Between January and August Brazilian exports to Portugal fell 33.4 percent to US$834 million.

Imports saw an even greater fall of 48.5 percent, to US$215.8 million.

The main Brazilian products sold to Portugal are oil, soy and iron and steel laminate.

In terms of imports from Portugal to Brazil the main products were olive oil, wine, salted cod fish and moulds. (macauhub)