Brazilian exports to EU rise 8.4% in the year to JulyValor Econômico
Brazil shipped 8.4% more to the European Union in the year to July compared with the same period of 2016. While lower than the 10.1% rise in exports to the EU from outside the bloc, Brazilian sales outpaced the 4.1% and 7.4% growth in sales from the US and China. Russia and Korea lead the expansion with 30% and 21.4% higher sales respectively. The data comes from Eurostat, which uses a different methodology from Brazil's Foreign Ministry. José Augusto de Castro, president of the Brazilian Foreign Trade Association (AEB), says the figures show the country is managing to take advantage of at least part of the growth in EU imports.