Heating economy and dollar record imports cause

Brazil imported in September, the highest monthly figure in history. Last month, the country bought from abroad U.S. $ 17.74 billion, 10.6% more than in August and 41.3% more in comparison with September last year.

According to Secretary of Foreign Trade, Ministry of Development, Industry and Foreign Trade (MDIC), Barral, heating the internal market, the falling dollar and the dynamics of Brazilian foreign trade stimulates imports. According to him, half of what the country imports are raw materials and capital goods used by industry. "Firstly, the heating of the economy is doing Brazilians buy more from abroad. Moreover, we note that the more Brazil increases exports, more imports will increase," said Capobianco.

Imports are also stimulated to the extent that Brazil sells primary goods abroad and buy manufactured goods made from those goods. "For China, for example, export of iron ore and steel import."

Despite high imports, the secretary pointed out that Brazil has managed to expand exports. Last month, Brazil exported U.S. $ 18.833 billion, the second best result for the month of September in history, second only to September 2008.

According to Barral, Brazil is resuming sales to the U.S. market and the European Union, despite the economic crisis in Europe. Furthermore, exports continue to grow traditional partners such as Argentina. "Growing up on the markets not affected by the crisis, such as Argentina, shows that the country is still able to maintain competitiveness," he said.

Accumulated in 2010, sales in Argentina increased 56.5% over the first nine months of last year. In the same period, sales to China, currently Brazil's main trading partner, rose 33.6%. To Barral, however, exports to the Asian country are being affected mainly by the increase in international commodity prices. (Source: Agência Brazil)

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