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 ______________________________________________________________________
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