Arab Today, arab today brazil posts smallest trade surplus in a decade
Last Updated : GMT 17:04:31
Arab Today, arab today
Arab Today, arab today

Brazil posts smallest trade surplus in a decade

Arab Today, arab today

Arab Today, arab today Brazil posts smallest trade surplus in a decade

Brazilia - AFP

Brazil last year posted its smallest trade surplus in a decade as exports fell more than five percent, the Ministry of Industry and Trade said Wednesday. The surplus totaled $19.4 billion, plummeting 34.8 percent from 2011 in the latest sign of cooling in Latin America\'s largest economy. The smaller trade surplus stems directly from a weak global economy, said Tatiana Prazeres, the ministry\'s secretary for foreign trade. Exports totaled $242.5 billion, a drop of 5.3 percent, while imports declined 1.4 percent to $223.1 billion, the ministry said. Exports to China -- Brazil\'s top trade partner -- fell seven percent. Brazil\'s economy had been sizzling for six years through 2010, with average growth of 4.5 percent. But now the torrid expansion is over, for reasons including high labor costs and a drop in investment. Last month Brazil\'s Central Bank cut its GDP growth forecast for 2012 from 1.6 percent to one percent. It was the third downward revision by the Bank last year: from 3.5 percent to 2.5 percent in June, then down to 1.6 percent in September and to one percent in December. A study commissioned by the National Confederation of Industry last month found that Brazil ranked near the bottom among 14 emerging powers in terms of competitiveness, due to high capital and labor costs as well as to inadequate infrastructure.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today brazil posts smallest trade surplus in a decade Arab Today, arab today brazil posts smallest trade surplus in a decade

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Turkey says ends its military operation

GMT 07:53 2017 Thursday ,30 March

Turkey says ends its military operation
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today 'Underwater wasteland' worries

GMT 10:32 2017 Thursday ,30 March

'Underwater wasteland' worries
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Singer Rowida Attiya will issue a new song

GMT 07:38 2017 Tuesday ,28 March

Singer Rowida Attiya will issue a new song
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 07:50 2017 Thursday ,30 March

Breaking trans barriers one barbell

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday