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Week 20
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Embassy Freight International LLC / Atlanta officeHEAD OFFICE
3650 Mansell Road, Suite 225
Alpharetta GA 30022 USA
Tel : +1 770 817 4400Website
3650 Mansell Road, Suite 225
Alpharetta GA 30022 USA
Tel : +1 770 817 4400Website
What does SOF mean?
Trade balance shows a surplus of $ 1.67 billion
The trade balance (exports minus imports) in October amounts to U.S. $ 1.677 billion, according to information released in the last 11 days by the Ministry of Development, Industry and Foreign Trade. As the month so far has had only six working days, the resulting surplus recorded in the daily average of $ 279.5 million, which is 437% higher than the average obtained in September and 346% above the daily average recorded in the same month last year .
Exports this month totaled U.S. $ 6.173 billion, an increase of 14.7% over September, the criterion of average daily and 53.4% more than in October 2009. Imports totaled $ 4.496 billion, down 11.3% compared to September and up 23.3% compared to October last year.
In 194 days of working years, until last Friday (8), Brazilian exports reached U.S. $ 151.102 billion, 29.6% volume over the same period in 2009. Imports totaled U.S. $ 136.648 billion, an increase of 44.4%. The trade surplus in the year of $ 14.454 billion, is 34.2% below the average daily balance in the same period last year. (Source: AgĂȘncia Brazil)



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