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

Brazzil Magazine covers

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

Brazzil Magazine covers

In Brazil’s Current Scandal, Press is Witness, Prosecutor and Defendant

Brazil’s current cycle of accusations did not become a journalism anthology but it is ...

Brazzil Magazine covers

The Alley’s Vampire

The morning moved on at that neoclassic apartment, with active exchange of wine bottles, ...

Brazzil Magazine covers

Carla Hassett? You’ve Heard This Brazilian. We Bet.

{mosimage}Sitting in a sidewalk café in Los Angeles, Carla Hassett is hard to miss. ...

Brazzil Magazine covers

Highway Concessions, the Way Brazil Found to Maintain Its Busy Roads

The first federal highway concessions in Brazil date from 1996. There are six highway ...

Brazzil Magazine covers

Computers are reading the future

h2>In Brazil these days, fortune tellers, palm readers, astrologers and all types of future ...

Brazzil Magazine covers

Brazilian Congressmen Are on Sale But Lula Is Still Haggling

Two weeks ago, gathered in Brasília, close to three thousand Brazilian mayors tried to ...