2005 Brazilian trade balance reached record high

02/01/2006 - 15h15

Bruno Bocchini
Reporter - Agencia Brasil

São Paulo – 2005 Brazilian trade balance (difference between what the country bought and sold abroad) was the greatest ever registered in the country’s history. The surplus reached US$44.764 billion. Exports totaled US$118.309 billion and imports, US$73.545 billion.

Exports, which also reached a record high, exceeded the estimates of the Ministry of Development, Industry, and External Trade (US$117 billion).

Trade balance record number was caused especially by last month’s exports, which totaled US$10.897 billion, an also historic value for the months of December.

This information was released this Monday (2) by the Ministry of Development, Industry and External Trade.

Translation: Andréa Alves