Brazil Trade Surplus Narrows

Brazil Trade Surplus Narrows and Increasing Brazilian Manufacturers are Marketing to the U.S.

(PRWEB) July 8, 2003 -- Brazil's trade surplus narrowed in June for the first month in four as a strengthening currency curbed exports.

The surplus fell to $2.4 billion from a record $2.5 billion surplus in May. Exports fell to $5.87 from 6.37 billion in May.

The June data marks a turning point for Brazilian export growth of steel, grain, and cars as a twnety-four percent rise in the nation's currentcy against the dollars this year begins to erode some companies' competitiveness in overseas markets.

Rising exports have lead an expansion in Brazil, South America's biggest economy, and brought in the hard currency needed to make foreign debt payments.

Increasing Brazilian manufacturers are turning to U.S. based public relations firms, like Fort Lauderdale, Florida-based, TR Cutler, Inc., to ensure they capture maximum U.S. marketshare.

trcutler@trcutler.com
www.trcutler.com