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Montevideo, June 1st 2023 - 15:04 UTC



A good one for Brazil: trade surplus has reached US$15.8bn

Friday, December 18th 2015 - 07:44 UTC
Full article 3 comments

Brazil accumulated a trade surplus of US$15.8 billion between January and the second week of December, its biggest for that period since posting a US$17.15 billion trade surplus for the first 11 months of 2012, according to Development, Industry and Foreign Trade Ministry figures. Read full article


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  • Brasileiro

    The Brazil will have a trade surplus of 40 billion dollars in 2016. Some analysts are even more optimistic predicting $ 60 billion in surplus, especially given the self sufficiency in oil. With the exchange of this money for real at the Central Bank we believe that there may be a appreciaton of the Real.

    It is necessary to lower the basic interest rate (SELIC) for the government's fiscal budget is not jeopardized, it will be necessary to save the actual spending on debt service and direct these same real for the purchase of foreign currency that will come along with exports.

    If the SELIC rate not lower the Brazil continues to face the same exchange imbalances.

    The time for a new economic and exchange rate policy is now. Brazil needs managers who anticipate the problems. Change the rules in the eye of the hurricane will bring us only losses and mistrust.

    Hannibal the Carthaginian did not know what to do with the victory. We Brazilians are like Hannibal?

    Dec 18th, 2015 - 09:36 am - Link - Report abuse 0
  • yankeeboy

    Good news for the people who are xfering their U$ out of the country.
    Watch the reserves plummet when they try to support the Rial.

    They're in a terrible spot between supporting the currency and/or letting inflation get out of control.
    My bet is they will try to devalue their way to prosperity.
    Hopefully it won't happen but they've got to get the Marxist Terrorists out of there immediately..

    Dec 18th, 2015 - 01:45 pm - Link - Report abuse 0
  • Brasileiro

    Brazil has to sell all of its reserves in dollars! If you know someone who can buy our 376 billion dollars that are deposited in the FED you tell us.

    1.5 trillion reais would be enough to solve all our debt problems for 30 years.

    In addition the government would have a nominal surplus of 100 billion dollars a year.

    The problem is that I think the United States has not sucient money to buy our reserves.

    Dec 18th, 2015 - 02:14 pm - Link - Report abuse 0

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