Natal Brazil

Information about the city of Natal, in Brazil.

Saturday, June 16, 2007

Exports of Rio Grande do Norte

The Secretary for Economic Development of Rio Grande do Norte released a report about the products exported by the State of Rio Grande do Norte; the original report, in Portuguese, is here.

According to the report, in the first five months of 2007, the total volume (in dollars) exported by the State grew by 12.7% in comparison to the same period of 2006, going from US$ 129 million to US$ 145.5 million.
The report doesn't take into account the steep devaluation of the dollar against the real in the period; that means that the volumes of cargo actually shipped increased by more than 12.7%.

It is also interesting to observe that the profile of exports consists basically of primary products, reflex of the low level of industrialization in the State.

The first item of exportaion was mellon, US$ 22.5 million, followed by shrimp, US$ 16.3 million. Next came cashew nuts, US$ 15.9 million, and banana (value not informed, but banana had the highest growth rate, 68%).

Only in 5th place is there a semi-elaborated product, sugar, US$ 9.7 million exported. Other products with more than US$ 1 million exported are iron ore and carnauba wax (carnauba is a kind of palm tree which grows in the interior of the State).

It is clear that, for good and for bad, the State of Rio Grande do Norte will not industrialized in the near future.

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