Brazil Exports 37% More Machinery. US Still Main Destination.

The Brazilian industry of machinery and equipments earned US$ 13.1 billion between January and July 2005, an increase of 27.5% in comparison to the US$ 10.3 billion registered in the same period last year.

The information was released today by the Brazilian Machinery Manufacturers Association (Abimaq, Associação Brasileira da Indústria de Máquinas e Equipamentos).


Exports reached US$ 4.831 billion, an increase in 37% in comparison to the first seven months in 2004. Shipments have remained greater than imports, which added up to US$ 4.715 billion, 26% more than in the period between January and July last year.


The main destinations of the Brazilian products are the United States, Argentina, Mexico, Germany and United Kingdom. Brazil’s main suppliers, in turn, are the United States, Germany, Italy, Japan and France.


According to Abimaq, the employment level in the sector increased in 5.7% with 213,781 people employed in 31st July. The installed capacity in the machinery industry reached 82.4%.


Agência Brasil

Tags:

You May Also Like

Brazil's real has been strong vis à vis the dollar

Key Interest Rate Cut in Brazil Leads to Higher GDP Forecast

Brazil's Central Bank on Wednesday, June 6,  shaved 50 points of the Selic reference ...

Brazilian Court Reverses Release of TV Reporter’s Killer

A court from Rio de Janeiro, Brazil, which oversees sentence implementation has reversed a ...

Brazilian Brancaglion at the funeral temple of Ramses II, in Luxor

Brazilians Wish to Join French Archaelogists to Research Old Egypt

Brazilian egyptologist Antonio Brancaglion Junior wants to take students from Brazil to carry out ...

Japanese Minister Comes to Brazil in Search of Ethanol

The Minister of Agriculture, Forestry and Fishery of Japan, Shoichi Nakagawa, will be in ...

Due to Lack of Training Brazil Still Imports More Fish than It Exports

The second main fishery producer region in Brazil losing only to the Northeast is ...

International Executives Debate Brazil’s Bottlenecks and Crumbling Roads

Executives from several multinationals in Brazil will meet to discuss the shortcomings of Brazil’s ...

Haiti: Little to Cheer, Much to Fear

When it comes to Haiti, there are few heroes to point to, least of ...

Giant Brazil Wakes Up, Boos President and Takes to the Streets

High inflation, slower growth, street protests over the increase in bus fares smacked full ...

A peasant from Petrolina, Pernambuco, in the Brazilian Northeast

The US-Brazil Accord on Ethanol Is Good for GDP But Very Bad for Rural Poor

During Bush’s visit to Brazil thousands of poor, rural members of the international Via ...

Brazil’s Petrobras Pours US$ 9 Million in 76 Social Programs

Brazilian oil giant Petrobras announced the 76 social projects that will receive funds from ...