Portuguese exports to Brazil rise 73 percent in first quarter

27 May 2010

Lisbon, Portugal, 27 May – Portuguese exports to Brazil increased by 72.7 percent in the first three months of the year against the same period of 2009, according to the most recent figures from the National Statistics Institute (INE).

According to INE the sale of goods and services to Brazil totalled 85.53 million euros.

Agricultural products, machinery and apparatus and some minerals and food products remained at the top of the list of goods exported to Brazil, but transport materials and clothing and footwear saw the biggest increases.

In the same period Portuguese imports from Brazil rose 68.9 percent, totalling 220.8 million euros.

Brazil thus remains as Portugal’s 11th biggest customer and in the opposite direction it continues to be an important supplier of goods; 10th place in 2009 and 11th in the first quarter of this year. (macauhub)