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Trade fairs 2007
BALANCE THE NETHERLANDS - BRAZIL
Brazil and the Netherlands. An ever more intense relationship.
The importance of the Netherlands for Brazil
Holland concentrates European commodities purchases Holland climbed from the 7th place to the 5th among Brazil’s largests partners from 2006 to 2007. On the Brazilian side, the growth is due to the price hikes in agricultural commodities that was specially profitable, if considering that soybeans is the main product exported to Holland, with a total share of 20% of total revenue from sales in 2007. The overall trade between Brazil and Holland amounted to US$10 billion this year, up 53% in relation to 2006. Dutch purchase of soybeans reflects the growth of purchase in all the European Union, as Holland has the largest port in the city of Rotterdam that distributes products to other European countries. The Oil exportation also stands in important position as the Brazilian revenue with the sales of the product grew 329%, reaching 648 million.
source: Yearbook 2008 - Análise Brazil International Trade. TRADE STAT'S In 2007, the share of agricultural products, metals and ores in the export agenda of Brazil represented 32.1%, the largest in the past few years. Despite the shortcomings, Brazil knew how to take advantage of the boom in commodities the lasted until the first half of 2008. Brazil, in 2007, exported around US$23 billion more than in 2006. The sales of oil, iron ore and soybeans accounted for almost one third of this difference. Oil, the second most exported product, rose 24 % and resulted in a revenue of US$15.8 billion for Brazil. The value added was what most grew, with US$3.1 billion more than in 2006. The second product that most added dollars to the Brazilian balance was soybeans, with US$2.1 billion more in comparison with 2006. The product that most climbed the export ranking was corn, the world trade for this product has increased since the US started encouraging the production of corn-based ethanol and shrank their share in the foreign market. On the other hand, the sugar and alcohol sector was affected by the an excess of offer and a sharp drop in prices. The Brazilian producers shipped the shame amount of sugar and earned 17 % less. Despite the good records presented by the international trade, the exporters still have to work hard to get their job done. They have to overcome inadequate laws and heavy taxes to take their products from the fields or mines to the ports. They are to be congratulated, as some export sectors have recently being the major players of a radical change in the Brazilian economy.
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