To: pcyhuang who wrote (80219 ) 9/24/2011 10:34:04 AM From: elmatador 1 Recommendation Respond to The only big EM with which the U.S. does not have a trade deficit. Brazilian power companies have bought around 5.1 million metric tons of coal so far this year valued at $1.4 billion, up 79% in value from last year. 2. Diesel. Brazilian logistics is largely truck based and diesel is the go-to fuel. So far, Brazil’s imported 1.1 million metric tons of diesel fuel from the U.S. at a cost of $1.05 billion, but that’s down 8.4% from the same period last year due to a slowing economy. 3 & 4. Turbo reactor parts and jet propulsion engines. Brazil’s aircraft maker Embraer is the fourth largest in the world, helping to keep U.S. workers employed. Exports of U.S. aircraft engines and parts up as much as 25.5% with trade value at nearly $2 billion for the year ending Aug. 31. 5. Ethyl alcohol. Most of Brazil’s ethanol goes to fuel use. That demand can drive up price and sometimes cause scarcity during the inter-harvest period of Brazilian sugarcane. Chemical companies turn to the U.S. though trade is relatively flat and small at $359 million from Jan to Aug. 6. Helicopter and aircraft parts. Brazil is one of the biggest producers and consumers of helicopters. And if you’ve ever lived in São Paulo, the world’s third largest city, you’d know why. Trade value is up 21.3% and has brought companies in this space over $345 million in sales so far this year. 7. Cotton. This is another one of those farm imports that depend on Brazil’s crop output. Brazil is not a major producer of cotton and often turns to the American midwest for certain quality cotton, especially when Brazil’s supply doesn’t meet demand. Brazil imported around 97,800 metric tons of American cotton this year at a value of $270 million. 8. Petroleum coke. Brazil imported 1.64 million metric tons of petcoke this year at a cost of $234.6 million, around 70% more than last year’s trade in the Jan to Aug period. 9. Sodium hydroxide. A chemical base with various industrial uses for Brazil, from cosmetics to paper and pulp. Brazil imported 1.5 million metric tons, up from 1.2 million in the same period last year. That’s brought in around $233.4 million to the industry, a 124% jump from 2010 sales prices. 10. Crude oil. Who says President Obama just wants Brazilian oil? They want our oil, too. Crude export volume declined to 238,936 metric tons from 302,124 metric tons in the same period last year, but Brazilians paid 49% more for it at a total of $229 million for the U.S. based oil industry. *Source: Brazil Foreign Trade Ministry. All data in USD from Jan to Aug 31, 2011 vs Jan to Aug 31, 2010. forbes.com
