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

Suriname Identifies 18 Men Who Beat Up and Raped Brazilians

Suriname authorities say they have identified 18 men who led the aggression against Brazilian ...

Brazil's CVRD

Brazilian Multinationals Want a Bigger Share of the World Market

The Brazilian companies are taking up better and better positions in the list of ...

Brazil Adopts Seal of Quality for Meat

Brazil began implantation of the SAPI (Sistema AgrÀ­cola de Produção Integrada – Integrated Production ...

Brazil Finds Oil in New Exploratory Frontier Off Northeast Coast

Brazilian state-controlled oil multinational Petrobras and Norwegian company StatoilHydro announced this Tuesday, November 25, ...

Brazil and Ecuador Talk Business

Today President Luiz Inácio Lula da Silva arrives in Ecuador for talks with president ...

Portugal Company Has Energy Plans for Brazil Including Wind Power

Portuguese energy sector company Energias de Portugal (EDP), is discussing with the Algerian Sonatrach ...

Race and Fantasy

By Brazzil Magazine Today Brazil has the largest single population of African-Americans outside of ...

Brazil’s Petrobras Gets Contract to Explore Oil Off New Zealand’s Coast

New Zealand’s Energy and Resources Minister Gerry Brownlee awarded his country’s first petroleum exploration ...

Brazil’s Minimum Wage: Government and Unions Adopt Hard Line on Negotiations

Brazil’s labor Union Força Sindical says it will insist on a minimum wage of ...