Economy Archives - Page 24 of 108

Economy Jan, 29, 2024 0

Brazil posts record surplus with Arab countries in 2023

Brazil’s trade balance with Arab countries closed 2023 with a record USD 8.67 billion surplus, a 218.6% increase over the previous year. According to data compiled by the Market Intelligence…

Economy Jan, 23, 2024 0

Revenue auditors strike slow downs cargo clearance across Brazil

The suspension of customs clearance at ports, airports, and other customs units in the country, announced by Federal Revenue officials last week, has gained new support with auditors from other…

Economy Jan, 23, 2024 0

Brazil eyes increase in exporting companies after 2023 record figures

Brazil’s Secretariat of Foreign Trade of the Ministry of Development, Industry, Trade, and Services (Secex/MDIC) announced future efforts to expand the pool of Brazilian companies selling abroad, promoting the export…

Economy Jan, 19, 2024 0

Argentina Trade Balance Records Largest Surplus in a Year

A recent report from the Central Bank of Argentina has projected a progressively surplus trade balance for the country in the coming years, starting from $22.4 billion in 2024 and…

Economy Jan, 19, 2024 0

Brazil: New import tax rule increases government’s revenue

Data obtained by Valor show that from August to December 2023, after the start of the Remessa Conforme program—Portuguese for “compliant shipments,” which established new import rules for orders up…

Economy Jan, 16, 2024 0

Brazil’s Trade Surplus Reaches $3.5 Billion in Early January

In the first two weeks of January, Brazilian exports totaled $12.272 billion, while imports reached $8.776 billion, resulting in a surplus of $3.496 billion, according to data released on Monday…

Economy Jan, 16, 2024 0

Brazil reconsiders small order import tax as fiscal pressures mount

Brazil’s government is discussing with lawmakers the possibility of re-imposing unpopular taxes on imports worth up to $50, as it struggles to balance the budget, two sources said. President Luiz…

Shipping Jan, 15, 2024 0

Middle East crisis likely to affect logistics in Brazil

The crisis in the Middle East is impacting global shipping lanes and putting renewed pressure on shipping freight rates. In Brazil, the main impact is expected to be felt from…

Economy Jan, 15, 2024 0

Paraguay records more than USD 17,300 million in exports until December

The Central Bank of Paraguay (BCP in Spanish) reports that the country’s total exports reached USD 17,311.7 million by December 2023, marking a significant increase of 24.8% compared to the…

Economy Jan, 12, 2024 0

Brazilian exports of industrial goods to U.S. hit record high

Trade between Brazil and the United States in 2023 saw a decline in export revenue and overall trade flow compared to 2022. However, exports of industrial goods reached a historic…