• Categories
  • Archives

US, China and India Are Priorities for Brazilian Exports in 2009

Alessandro Teixeira from Apex Brazil Those firms from Brazil that have the support of the Brazilian Export and Investment Promotion Agency (Apex-Brazil) exported the equivalent to US$ 23.84 billion in the 12-month period ending in October 2008.

The figure represents 12% of total exports from Brazil during the period, according to figures disclosed this Tuesday, December 16, by the president of the agency, Alessandro Teixeira, in the city of São Paulo in Southeast Brazil.

From January to October, companies operating in partnership with the organization exported the equivalent to US$ 19.35 billion, growth of 18.74% over the same period of last year. In turn, total exports by Brazil grew 28% in the first 10 months of 2008.

"Our result was among the best in comparison with similar agencies based in other countries. The average international growth rate was between 5% and 6%," said Teixeira. The actions promoted by Apex represent 67 different exporter sectors, commodities not included, according to him.

Total foreign sales by those segments, including those by companies that are not affiliated with the agency, totaled US$ 27.36 billion from January to October, growth of 8.62% in comparison with the same period of 2007. According to Teixeira, this goes to show that the companies participating in the organization's projects "are more effective when it comes to exports."

The executive also stated that approximately 6,000 companies participate in actions by the Apex, 61% of which are micro and small-sized, 27% are medium and 12% are large. The large ones are mostly in the meat industry, a production chain that is at the top of the export basket for the segments supported by the agency.

Poultry and beef alone answered to 44.72% of total shipments. Other import sectors are shoes and components, machinery and engines, vehicles and parts, leathers, juice and textiles.

The 10 leading markets for companies supported by the Apex are Russia, the United States, Holland, Hong Kong, Japan, Venezuela, Argentina, Saudi Arabia, the United Kingdom and Germany. Saudi Arabia accounts for 3.95% of total exports.

According to Teixeira, the agency either organized or participated in 724 international events this year, including trade fairs, missions and other promotional actions. Investment by the Apex totaled 320 million reais (US$ 135 million) in 2008.

"Exports had an overall increase, even though they have decreased to some countries because the projects diversified the markets. Exporting to Peru, for instance, is easier than to the United States," said the president.

Thus, in 2009 the agency should intensify its promotional efforts in markets such as the United States, China, India, South Africa, Egypt and the United Arab Emirates. In all, 23 destinations are regarded as priorities, to be targeted by 145 different actions.

The Apex is going to attend 745 international events in 2009, with total investment of 450 million reais (US$ 189.9 million). Even in the face of the crisis, Teixeira believes that exports by companies supported by the agency should grow by at least twice the global average rate.

He estimates that global trade should expand from 3% to 3.5%, whereas exports by companies involved in the agency's projects should rise by at least 6%.

Among the areas that are going to become part of the actions, he mentioned the dairy, teas and spices, biotechnology, entertainment products and services sectors.

With regard to attracting foreign investment, the Apex is preparing 29 actions in 13 different countries for next year. In 2008, Teixeira believes that foreign direct investment inflow into the country should reach the record-high figure of US$ 38 billion, as against US$ 35 billion in 2007. For 2009, due to the crisis, he estimates a lower figure, of around US$ 30 billion.

The president underscored that Brazil is currently regarded as one of the world's five countries most attractive for investment. In total, the Apex is going to inject 50 million reais (US$ 21.1 million) in actions turned to attracting investment in 2009.

The most promising sectors, according to Teixeira, are foodstuffs, real estate and tourism, the manufacturing industry, semi-manufactured goods and high-technology products, including computers, telecommunications and biotechnology.

Anba

Tags:

  • Show Comments (1)

  • ch.c.

    Poultry and beef alone answered to 44.72% of total shipments.
    Perdigao Cuts Poultry Output for Export by 20%, Estado Reports

    “Dec. 17 — Perdigao SA plans to cut poultry and pork output for export by 20 percent next quarter and send at least 400 workers in Brazil on paid leave, O Estado de S. Paulo reported.

    The company is seeking to adjust inventories as global demand slows to keep prices stable, the newspaper said. Sadia SA made similar reductions last week, Estado said.

    Perdigaoˢ۪s exports in November and the beginning of December fell 5 percent compared with October, Estado said, citing Antonio Augusto de Toni, the companyˢ۪s international director.

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

A Sweet and Nostalgic Trip to 16th Century Brazil and Slavery

Brazilian historian-sociologist- anthropologist Gilberto Freyre (1900-1987) wrote in his book “Assucar” (Sugar), in 1939, ...

Dekasseguis Send More than US$ 1 Billion a Year to Brazil

The 280 thousand Brazilians currently living in Japan – almost all Japanese descents, called ...

Brazil Under Siege by Criminal Gang: 77 Killed, 61 Buses Set on Fire

Since late Friday night, May 12, the state of São Paulo, Brazil’s richest and ...

Without Answers, Brazil Senate Summons Psychic to Find Out Blackout’s Causes

At the request of senator Arthur VirgÀ­lio, the leader of the opposition party PSDB ...

Brazil: Different Laws for Different Folks

In Brazil, a white must obey all the laws, but an Indian can kill, ...

IMF ‘Strongly Impressed’ by Brazil

Charles Collyns, head of the International Monetary Fund (IMF) mission that is in Brazil, ...

Brazil Plated Jewelry Fair Shows Latest Trends for Humans and Pets

Plated jewelry made in Brazil extends far beyond earrings, necklaces and rings. Nowadays, the ...

Brazilian Blind Get Program that Convert Into Sound Every Computer Text

Brazilian who are blind or suffer from other visual deficiencies will gain a new ...

Kofi Annan Calls Brazil’s Lula for Support

The Secretary-General of the United Nations (UN), Kofi Annan, asked Brazilian President Luiz Inácio ...

Two or Three Things Porto Alegre (Brazil) Taught the World

It’s not Paris or Tokyo, Beijing or New York. Nor is it São Paulo ...