According to a report released this week by the Swiss Business School's Institute for Management Development (IMD), Brazil ranked 62nd this year after falling two notches in the list drawn considering statistics and opinion polls among businesspeople.
Trade between Argentina and Brazil reached US$ 2.1 billion in September, marking a 19.5% decline compared to the US$ 2.66 billion recorded in the same month last year. This fact was brought to attention in a report by Argentina’s Chamber of Commerce and Services (CAC), which used official data from Brazil.
The following factsheet provides the latest statistics on trade and investment between the UK and Falkland Islands.
Trade between Brazil and the United States in 2022 reached a historic level of US$ 88.7 billion. An original analysis of Amcham’s “Brazil-US Trade Monitor”, release by Canal Rural, indicates that the value surpassed the previous record set in 2021 by US$18.2 billion (25.8%).
Argentina's trade balance with Brazil yielded positive results for the second straight month in October 2021. However, numbers for the first 10 months of the year are still in the red.
Trade between Brazil and China surpassed the 2020 record during the first nine months of this year, with overall exchange reaching US$ 100bn. Total 2021 bilateral trade is expected to reach US$ 108bn.
Uruguayan President Luis Lacalle Pou Friday told the America Business Forum in Punta del Este that his country was moving forward in trading with the world because it is what needs to be done.
Argentina has recorded a trade surplus with Brazil in September following a YoY increase in sales of 37% year-on-year, it was reported.
Brazil's President Jair Bolsonaro has decided to terminate both bilateral maritime transport agreements with Argentina and Uruguay, it was announced.
The Brazilian Confederation of Industry, CNI and the IndustriALL-Brasil (which represents industry unions) have officially requested that in the next Mercosur meeting, scheduled for early this month, Brazilian representatives withdraw the proposal for a reduction of block trade tariffs with other countries. However, both institutions also backed the current flexibilization of current trade talks with third countries, such as South Korea.