In Brazil US Is Number One in Importing and Exporting Machinery

razilian machinery and equipments exports yielded US$ 2.174 billion in the first quarter, an increase in 10% in comparison to the US$ 1.977 billion of the same period last year.

The information comes from the Brazilian Machinery Manufacturers Association (Abimaq).

The main markets for Brazilian capital goods in the period were the United States (30.4%), Argentina (12.6%) and Germany (6.24%).

On the other hand, always according to Abimaq, Brazil imported the equivalent to US$ 1.4 billion in machinery and equipment in the first quarter of 2006, against US$ 1.2 billion in the same period last year, an increase in 22%. The main suppliers were the United States (29%), Germany (19%) and Japan (19%).

In spite of the increase in exports, the sector’s revenues dropped from US$ 6.0 billion to US$ 5.8 billion in the quarter. At the same time, there was a drop in 0.4% in the number of jobs in this segment.

Roullier Expands

Roullier Brazil is going to invest US$ 8.5 million in the modernization of their industrial unit in Brazil, which is in the city of Rio Grande, in the southernmost state of Rio Grande do Sul. The company is a French multinational that makes goods like fertilizers and hygiene products.

The company is going to install an industrial unit to mix NPK, a kind of fertilizer, and mineral salts, with a capacity for production of 100,000 tons a year.

A warehouse will also be built to increase the storage capacity. This information was supplied by a spokesperson for the government of the state of Rio Grande do Sul.

Anba

Tags:

You May Also Like

Brazil and Argentina Discuss Mercosur While Uruguay and Paraguay Woo the US

The fragile situation of Mercosur, strengthening bilateral relations, energy and development were in the ...

Brazil’s Former Chief of Staff Has His Day Before Ethics Council

A lot is going on in BrasÀ­lia, Brazil’s capital, at the moment. At least ...

Brazilian Agribusiness Boom’s Dark Side: Violence and Plunder in the Amazon

As Brazil’s economy booms from rising agricultural commodity prices worldwide, conflicts over land in ...

Brazil’s Petrobras Keeps Mum on Bolivia Crisis

Brazilian oil giant Petrobras informed that does not usually comment on the domestic political ...

Monsanto Has Brazil in Their Hands

The Brazilian population was surprised last April with the speed that Congress voted to ...

Brazil Searches for New Defense Minister on Heels of Air Tragedy

Things might change, but at this point it seems quite unlikely that Brazil's Defense ...

Brazil Gets Top Ranking in Murders, Which Are 5% of All Deaths

Brazil holds the first place in violent deaths in the comparative study carried out ...

Brazilian Ethanol Fosters Technological Advances

The ethanol productive chain more than allowing the development of agriculture and of the ...

Higher Energy Prices Lead Brazilian Markets Down

Latin America remained in the red, dragged lower by Brazil. Mexico was also under ...

34% of Brazilian Indians Are in School

The Secretariat of Ongoing Education, Literacy Training, and Diversity (Secad) of Brazil’s Ministry of ...