|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Brazil (Click here for more)

Imports Amounted to 21.8% of Brazil’s Consumption in 2010

SAO PAULO – Imports totaled 21.8 percent of Brazil’s consumption in 2010, a new record in the South American country, according to foreign trade figures compiled and released Monday by the Federation of Industries of the State of Sao Paulo, or FIESP.

The largest such Brazilian federation said that the import coefficient, which measures the participation of products from abroad in domestic consumption, reached 21.8 percent in 2010, the highest level in history and an increase of 3.5 percent over the figure for 2009.

The export coefficient, which measures the percentage of domestic production sold abroad, was 18.9 percent last year, a slight increase over the figure for 2009.

High demand, the depreciation of the U.S. dollar and fiscal profits, circumstances that were repeatedly denounced by the business sector, were the main elements pointed to by FIESP to justify the rise in imports.

The 14.2 percent growth in domestic consumption in 2010 was 46.8 percent accounted for products from abroad, a symptom of the danger of “de-industrialization,” especially in sectors that had always been dominated by local production, including steelmaking, FIESP noted. EFE
 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2019 © All rights reserved