Brazil Property News: Brazil exports $5bn in a week




17th September 2008 06:00


People considering buying property for sale in Brazil could be interested to hear the nation exported more than $5 billion (£2.5 billion) worth of goods last week, it has been reported.

The news suggests the Latin American nation is enjoying a period of economic resilience.

Figures released by the Brazilian Ministry of Development, Industry and Foreign Trade revealed the nation enjoyed foreign sales to the tune of some $5.073 billion, according to the Brazil Arab News Agency.

They also revealed a trade surplus of $1.257 billion as the nation made foreign purchases totalling $1.257 billion.

According to the agency, the accumulated result for the year so far stands at $140.469 billion and a trade surplus of $18.459 billion.

In other news which could benefit Brazilian property, it was reported by the news provider the Futsal World Cup kicks off in Rio de Janeiro at the end of the month.

Nations taking part include Russia, Japan, Argentina, China and Italy.


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