Imports are rising faster than exports

16/01/2006 - 19h11

Stênio Ribeiro
Reporter Agência Brasil

Brasília – The foreign trade surplus for the first ten days of January stands at US$1.280 billion, with exports at US$4.192 billion and imports at US$2.912 billion.

The numbers are from the Ministry of Development, Industry and Foreign Trade, which reports that during the second week of January exports were down 2.63%, while imports rose over 11%, compared to the first week of January. The trade surplus in the first week was US$745 million, and US$535 million in the second week of January.

Compared to January 2005, exports are up over 18%, and imports up over 16%.

Translation: Allen Bennett