HomeEconomy

Economy

Economy May, 30, 2023 0

Venezuela’s debt with Brazil’s Export Guarantee Fund nears US$1.27 billion

As of Monday (05.29.23), the Venezuelan debt to the Brazilian government amounted to approximately USD 1.27 billion due to the non-payment of Brazilian goods and services covered by the Export…
Economy May, 26, 2023 0

India’s exports to Latin America increase by an impressive 19% in 2022-23

India’s exports to Latin America reached a record high of 22.41 billion dollars in 2022-23 (April-March), according to the Commerce Ministry of India. The exports have increased by an impressive 19% from 18.89 billion dollars in 2021-22,…
Economy May, 25, 2023 0

Brazilian development bank pledges new financing line for industrial exports

Aloizio Mercadante, the President of the Brazilian Development Bank (BNDES), made an important announcement on Thursday, May 25th, in which he revealed new financing lines tailored for the industry, enabling…
Trade Regulations May, 25, 2023 1

Brazil and Germany strengthen green economy partnerships

Developing new partnerships in the green economy was one of the main topics discussed during a bilateral meeting held on Tuesday, May 23rd. The meeting took place between the Executive…
Economy May, 23, 2023 0

Trade balance update: Brazilian exports rise 9.6%

Until the third week of May this year, Brazilian exports recorded a daily average of US$ 1.477 billion, marking a 9.6% increase compared to May of the previous year when…
Economy May, 22, 2023 0

IDB Invest announces agreement with Molinos in Argentina to boost exports

IDB Invest has announced signing an agreement with Molinos Agro S.A., securing up to USD 250 million for processing and exporting oilseeds and cereals. The financing comprises USD 50 million…
Montevideo Port - Vessel Calls
Economy May, 18, 2023 0

Economic growth expectations in Uruguay fall

Analysts, public and private institutions are readjusting accounts and reducing expectations for economic growth, according to the results of a survey by the Central Bank of Uruguay (BCU). The survey…
“commoditização” do Brasil
Economy May, 16, 2023 0

Gross Value of Agricultural Production in 2023 is estimated at R$ 1.216 trillion

Based on April’s crop information, the Gross Value of Agricultural Production (VBP) for 2023 is estimated at R$ 1.216 trillion, 4.7% higher than the value for 2022, which was R$…
Economy May, 15, 2023 0

Argentina to import food to curb price hikes

Argentine authorities Sunday, May 14, announced a set of measures to tackle inflation, which include more active involvement in the foreign exchange market. But the most striking of them all…
Economy May, 15, 2023 0

Brazil’s Trade Balance Surges 104.9% YoY in the 2nd week of May

Official data released by the Brazilian government on Monday, May 15, show that the country’s trade balance totaled USD 4.16 billion in the second week of May, a growth of…