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To: Chuzzlewit who wrote (89229)1/14/1999 1:00:00 PM
From: Mohan Marette  Read Replies (3) | Respond to of 176387
 
Paul: U.S exports to Brazil accounts for 2% not 20% as you stated.I don't think U.S sends 20% of its exports to any one country,if it does by chance I am sure Brazil ain't one of'em . You are of course welcome to prove me wrong.



To: Chuzzlewit who wrote (89229)1/14/1999 1:13:00 PM
From: MichaelW  Respond to of 176387
 
As far as I know, CNBS spreads the fear, do we have to have it here?




To: Chuzzlewit who wrote (89229)1/14/1999 1:16:00 PM
From: Lee  Read Replies (2) | Respond to of 176387
 
Chuzz,..Re:.The US as a whole sells 20% of its
exports to Brazil,


Chuzz, Brazil is pretty far down the list of our export
sales, but they are among the fastest growing purchasers.

See the following payments from exports and notice that Canada, Mexico and
Japan and Europe far exceed SA. A NY Times article
also quoted the 20% this morning but it's off
by about 10. Data source =http://www.bea.doc.gov/bea/newsrel/trad1098.htm
(more than half way down the page)

Exports

Item(1) October September Cumulative
1998 1998 to-date

Total Balance of Payments Basis 59,829 (R) 54,694 556,047

Net Adjustments -1,175 (R) -940 -9,027

Total Census Basis 61,004 (R) 55,634 565,075
North America 20,941 (R) 20,085 195,408
Canada 13,699 (R) 13,202 129,932
Mexico 7,241 6,883 65,476
Western Europe 14,619 13,511 135,481
European Union 13,019 12,487 124,532
Austria 181 338 2,200
Belgium 1,130 1,114 11,826
Finland 168 129 1,626
France 1,543 1,382 14,554
Germany 2,559 2,279 21,976
Italy 867 713 7,437
Netherlands 1,586 1,391 15,590
Spain 492 403 4,453
Sweden 422 406 3,112
United Kingdom 3,243 3,603 33,152
Other EU 827 730 8,606
European Free Trade
Association 1,125 789 7,290
Norway 143 169 1,399
Switzerland 966 607 5,676
Other EFTA 16 13 215
Other Western Europe 475 235 3,659
Eastern Europe/FSR 542 385 6,532
Hungary 41 35 399
Poland 74 61 729
Former Soviet Republics 336 221 4,420
Russia 247 115 3,201
Other FSR 89 106 1,219
Other EE 91 69 985
Pacific Rim Countries 15,251 13,337 138,390
Australia 1,094 923 10,080
China 1,847 1,212 11,570
Japan 5,006 4,596 48,738
Newly Industralized
Countries(NICS) 5,436 5,148 51,147
Hong Kong 1,061 1,194 10,805
Korea 1,492 1,311 12,595
Singapore 1,218 1,336 12,981
Taiwan 1,664 1,306 14,767
Other Pacific Rim(2) 1,867 1,458 16,855
South/Central America 5,649 4,774 52,870
Argentina 524 464 5,005
Brazil 1,477 1,219 12,471
Colombia 400 323 4,079
Other S/C A (2) 3,247 2,769 31,314
OPEC 2,090 1,804 19,988
Indonesia(2) 156 147 1,714
Nigeria 104 61 694
Saudia Arabia 752 889 7,915
Venezuela(2) 525 422 5,635
Other OPEC 552 284 4,031Other Countries 2,387 2,308 23,419
Egypt 267 238 2,378
South Africa 271 256 2,779
Other 1,848 1,814 18,262
Uniden. ctys (3) 207 18 282
Timing Adjustments (X) -20 54
______________________________________________________________________




To: Chuzzlewit who wrote (89229)1/14/1999 4:47:00 PM
From: Rosemary  Read Replies (1) | Respond to of 176387
 
Chuzzlewit,

Did you see this article:

cbs.marketwatch.com

Brazil is making moves now that were long overdue. Read the last paragraph.