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

To Brazil Honduras Seems to Be Doing Everything Right These Days

The Brazilian vice consul at the embassy in Tegucigalpa, Honduras, Francisca Francinete de Melo, ...

Nothing Short of a Miracle Can Save Brazil’s Varig Airline, Says Expert

The situation at Varig, Brazil’s flagship air carrier, has never been as critical as ...

The Attack

The director of the Cataguases High School, professor Guaraciaba dos Reis, behind a huge ...

In Defense of Elitism in Brazil

Elitism is like cholesterol: there’s the good and the bad. Bad elitism stems from ...

Brazil: While Lula is Away, Vice Trips and Bungles

While Brazilian President Lula is abroad, Brazilians are left in the hands of Vice ...

It’s the law

After 22 years of discussion, the Brazilian senate has approved a new civil code. ...

In Brazil, Days of Imported Wine and Roses

Fine imported wine sales on the Brazilian market should reach 3.3 million boxes up ...

Brazil’s Foreign Debt Drops, But Still at US$ 169 Billion

Brazil’s international reserves in dollars rose US$ 3.124 billion in January, bringing total reserves ...

Brazil Has Over 93 Million Cell Phones, But Sector’s Growth Slows Down

Last month was the best July ever for the sale of cell phones in ...

Brazil’s Antarctic Base Hooked Up to the World by Satellite

On Friday, March 17, Brazil’s Antartic research base (Estação Antártica Comandante Ferraz) got connected ...