Government revises upward projection of exports in 2010

Brazilian exports should total approximately $ 195 billion this year, U.S. $ 15 billion more than the forecast made in June by the government, which was $ 180 billion. The information was disclosed yesterday (25) by Secretary of Foreign Trade, Ministry of Development, Industry and Foreign Trade (MDIC), Barral. He said that exports during the year had "significant recovery" in relation to the reduction in years past, under the effects of global financial crisis.

Last week, the Development Minister Miguel Jorge, had anticipated that the government would announce on Monday the upward revision of forecasts for Brazilian exports in 2010 aa.

According to the Secretary of Foreign Trade, exports to Latin America and the Caribbean expanded by 40.5% accumulated from January to September. Thus, the region increased to 29.7% its share of total Brazilian exports.

Exports to countries of the continent had an additional benefit, according to Barral, because 84% are manufactured goods - the highest value. Mainly automobiles, boilers, machinery, electrical appliances, iron, steel and meat.

Not so, for example, in relation to Asia, the second most profitable market. The growth of 31.3% caused the Asian participation in the portfolio of customers in Brazil to be almost 30%. Only 72% of what Brazil exports to Asia are commodities (raw materials and agricultural products), low added value.

Of the $ 144.929 billion that Brazil sold from January to September, the neighbors bought the equivalent of U.S. $ 34.164 billion (an increase of $ 9.851 billion over the same period in 2009). Asian countries bought $ 40.768 billion, or U.S. $ 9.725 billion more.

In terms of importance as traditional markets are still the European Union and the United States. While the European countries purchased U.S. $ 30.785 billion (an increase of 22.7% and 17.2% share of total sales in Brazil), the United States bought $ 14.155 billion (an increase of 24.6% and share of 8 4%).

Although smaller in volume, with shipments valued at $ 3.56 billion, the countries of Eastern Europe were responsible for the largest percentage increase in the absorption of Brazilian products. Exports to the region rose 41.7% in the year, compared with the same period in 2009. Also earned record the evolution of 35% in sales to the Middle East. (Source: Agência Brazil)

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