Vale surpasses Petrobras and is the leader in exports in 2010

By IG Economia

Vale, the largest iron ore in the world in 2010 reached the rank of major Brazilian exporter, beating Petrobras, the leader of this ranking since 2002. According to figures released today by the Foreign Trade Secretariat (Secex) linked to the Ministry of Development, Industry and Foreign Trade (MDIC), foreign sales totaled Vale's $ 24 billion (FOB), 32% above shipments of U.S. $18.187 billion from Petrobras.

Because of an increase of 122.07% compared to total exports in 2009, the Vale accounted for 11.91% of total exports and re-assumed a position not held since 1998. The share of Petrobras in 2010 was 9.01%, with an expansion of exports of 47.78% over the previous year.

World stocks at new high, euro up on debt hopes

By Jeremy Gaunt, Europe Investment Correspondent (Reuters)

World stocks hit a fresh 28-month high on Tuesday, while the euro climbed on hopes for an easing of the euro zone debt crisis.

Euro zone leaders were attempting to thrash out an agreement on beefing up a rescue plan for indebted countries although no sign of agreement at Monday's meeting. Russia said it may be interested in buying bonds from the rescue fund, the European Financial Stability Facility (EFSF).

The euro rose more than half a percent to $1.3376.

Investors are keen to see euro zone countries provide more money for the EFSF to ensure that there is enough to cover any contagion into large economies such as Spain.

TRANSPORTE, MULTIMODALIDADE E LOGÍSTICA

By Samir Keedi

O Brasil tem convivido há alguns anos com os conceitos de multimodalidade e logística, que vieram juntar-se ao conhecido termo transporte, este bem popular e que não deixa a menor dúvida. No entanto, os novos termos, chegados ao país de forma mais massificada em meados da década de 90 do século XX, ainda provocam grandes confusões entre os seus usuários.

E mais do que isso, até entre aqueles que vendem o serviço, e mesmo ensinam através de aulas, palestras, artigos, entrevistas, etc., o que é bem mais grave. É claro que isso ajuda a aumentar a confusão, pois um formador de opinião é seguido quase sem contestação pelos leigos ou pouco familiarizados com o metier.

One day DHL will learn from FEDEX

By Paulo Camurugi

In my first article on this blog, I made a rant about the treatment that DHL and the IRS gave to me when they retained in Customs business cards that the company I represent in Brazil sent me from the U.S.

What bothered me most was that, besides DHL had only informed me of the delay by email (where they just reported the English expression Clearance Day), they did not tell me the reason why the Customs retained the goods.

Um dia a DHL vai aprender com a FEDEX

By Paulo Camurugi

Em meu primeiro artigo neste blog, fiz um desabafo sobre o tratamento que a DHL e a Receita Federal tiveram para comigo, quando retiveram na Alfândega os cartões de visita que a empresa em que eu represento no Brasil me enviou dos EUA.

O que mais me aborreceu foi que, além de a DHL só ter me informado do atraso por e-mail (sendo que no e-mail só informava a expressão em inglês clearence day), eles não me disseram o motivo pelo qual a Receita Federal reteve a mercadoria.

Europa e Mercosul querem empresas no acordo bilateral

By Karina Nappi / DCI

SÃO PAULO - O Mercosul e a União Europeia (UE) negociam para avançar, até março, no fechamento de um acordo entre os dois blocos na área comercial. Enquanto isso, empresários brasileiros terão a oportunidade de apresentar propostas para as negociações do futuro acordo comercial a Secretaria de Comércio Exterior (Secex) do Ministério do Desenvolvimento, Indústria e comércio exterior (Mdic).

A próxima rodada de discussões ocorrerá em Bruxelas, na Bélgica. O otimismo parte dos negociadores europeus, apesar das dificuldades em torno de um consenso sobre os subsídios e a redução de tarifas para alguns produtos. Por mais de dez anos, as negociações entre os dois blocos ficaram paradas.

Uganda shilling pressured, dollar demand strong

By Reuters - KAMPALA


The Uganda shilling remained under pressure against the dollar on Tuesday after touching an all-time low a day earlier, and traders said strong demand for the greenback could weaken the local currency further.

At 0950 GMT, commercial banks in Kampala quoted the shilling at 2,337/47 against the greenback, little changed from Monday's close. Earlier, the shilling had slipped to a bid price of 2,340, just shy of the all-time low of 2,341 hit on Monday.

G-7 Will Be Overtaken by Emerging Economies in 2032, PwC Says / Relatório da PwC informa que G-7 será ultrapassado por economias emergentes em 2032,

By Bloomberg News

The Group of Seven economies will be surpassed in size by the largest emerging markets in just over two decades as the financial crisis accelerates the shift of power in the global economy, PricewaterhouseCoopers LLP said.

The combined gross domestic product of the seven biggest developing economies will exceed that of the G-7, the world’s largest industrialized markets, in 2032 using projected market exchange rates, the company said in a report released in London today. China will overtake the U.S. as the world’s largest economy also in that year, it said.

How to Choose International Shipping Container Services

By Brooke Thom

Choosing international cargo and freight services providing company is difficult, and twice difficult is choosing the shipping containers services that are professional in every aspect. If you are not aware, International shipping container services are required for many reasons. These include, transfer of goods and services, international movement of commercial cargo, car shipping, vehicle shipping and much more. International shipping company will hire the services of cargo and Freight Company, which will also provide car and automobile shipping services. One can always check for the freight and cargo service providers and find whether the service provider meets your requirements.

You also need to check whether the cargo and freight service provider that you are selecting for your purpose will be ready to offer you customized set of international shipping services as well.

Commerce Stifles Exports!

By kekepana.com/blog


In a peculiar decision just before Christmas, presumably timed so nobody would notice it, the U.S. Department of Commerce’s Foreign Trade Zones Board issued a finding that says that exporters manufacturing in an FTZ cannot use foreign-source products if they are subject to U.S. anti-dumping or countervailing duties.

Foreign Trade Zones serve many purposes, but one is to provide a means for U.S. manufacturers to make goods for export without the cost of paying duties on imported components since they will be leaving the country again.  They do pay duties if the end product is sold in the United States.  A decision to disallow foreign inputs because they must pay additional penalty duties is bizarre.  Goods used for manufacturing within an FTZ or an FTZ subzone do not legally enter the United States so duties applied upon entry should not be applied.

Antwerp has a high 16% in operating charges

By Guia Marítimo news

The movement of containerized cargo at the Port of Antwerp (Belgium) expanded by 16.1% in 2010 compared to the range of 2009, consolidating the complex as the second largest container port in Europe after Rotterdam (Netherlands).

The Belgian port moved 8.48 million TEUs (a measurement equal to one 20 foot container) in the previous year, compared to 7.2 million TEUs in 2009 and slightly less than the record 8.6 million TEUs achieved in 2008. 

Brazil's state development bank — one of the world's largest — creates "arm" to finance foreign trade

By Agência Estado


The Minister of Development, Industry and Foreign Trade, Fernando Pimentel,predicted on Monday that BNDES, Exin - arm of Banco Nacional de Desenvolvimento Economico e Social (BNDES) focused on the financing offoreign trade - will begin its activities in the coming months. "BNDES-Exin shallcome into operation in full swing in the first half of this year, " he said.

The minister said the establishment of the bank was never abandoned. "On the contrary. There was a temporary stop in June, according to the electoral period, "he affirmed. He stressed that there was some doubt about the format of theguarantee fund and which, now, the discussions will resume.

Brazilian government announces goal of $ 228 billion for exports in 2011

By André Diniz / MDIC

The Ministry of Development, Industry and Foreign Trade (MDIC) announced a target of exports for 2011 of $ 228 billion. The forecast is 13% above the value reached in 2010 (U.S. $ 201.916 billion), a historical record of the country. This growth is also higher than the estimate of 9.2% to sales growth in the foreign market made by the International Monetary Fund (IMF).

"This is possible because of the economic growth of developing countries. We are also taking into account the maintenance of commodity prices and exchange the same level ", said the Foreign Trade secretary at the Ministry, Barral said at a news conference to publicize the trade balance data for 2010.

INCOTERMS ® 2010 ARE ALREADY ON COURSE / OS INCOTERMS 2010® JÁ ESTÃO VALENDO

By Paulo Camurugi

Incoterms 2010 ®, launched in September 2010, are already on course since January 1. Incoterms (International Commercial Terms) are terms of international sales and were published in 1936 by the ICC - International Chamber of Commerce, a Paris-based organization that works to promote and assist international trade.

Incoterms are used as pre-established contractual clauses in purchase and sale of fungible goods, where both parties define the division of labor, cost and risk.

Updates are made regularly on Incoterms. The latter were made in 1980, 1990 and 2000. Updates are necessary due to technological developments and changes in global infrastructure, which affect the daily operations of foreign trade. Since the last review in 2000, much has changed in international trade and the current revision took care of issues like the evolution of cargo security and the need to replace paper documents by electronic.

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