Tag: Brazil trade
RIO DE JANEIRO, BRAZIL - Fashion retailer Zara, from Spanish group Inditex, will close seven stores in Brazil. The number represents a little over 10% of the total number of physical stores the company operates in Brazil.
People linked to...
RIO DE JANEIRO, BRAZIL - The IBC-Br index posted its seventh consecutive monthly rise, according to data released on Monday, January 18th, and rose 0.59% in November. Despite the growth, the rate shows a slowdown compared to preceding months:...
RIO DE JANEIRO, BRAZIL - (ANBA) Higher iron ore prices are expected to benefit the Brazilian trade balance in 2021, drive up profitability of the commodity’s exporters and make ore-derived products more expensive.
The reasons for rising ore prices are...
RIO DE JANEIRO, BRAZIL - With the coronavirus pandemic affecting imports more than exports, Brazil recorded a positive balance of US$50.995 billion in foreign trade in 2020. This represents an increase of 6.2% over the 2019 trade balance. However,...