Brazil/Argentina bilateral trade better, but still lacks the dynamism of past years

Saturday, July 1st 2023 - 10:53 UTC

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Trade relations between Brazil and Argentina are improving with an overall volume of US$12.5 billion in the first five months of this year. Brazil exported US$7.5 billion worth of goods and imported US$ 5 billion from Argentina, according to the Comexstat portal of the Brazilian Ministry of Industry, Commerce, and Services. Read full article

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Brasileiro
Brazilian companies are exporting much more in the last 60 days. Banco do Brasil has provided bank guarantees to Brazilian entrepreneurs and has received swaps in yuan.

If you are anticipating subsidized financing for exports, imagine how exports will grow when the BNDES starts operating, as promised by the government.

Not this year, but 2024 will break all records in Brazil/Argentina trade. I guarantee.
Jul 01st, 2023 - 01:03 pm - Link - Report abuse -2
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imoyaro
It takes two to tango.
Jul 02nd, 2023 - 12:50 am - Link - Report abuse +2
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