• Categories
  • Archives

US Curbs on China Boost Brazil’s Printing Sector

Brazilian exports of printing material increased 60.21% in the first half of the year in relation to the same period last year. The sector exported US$ 143.75 million against US$ 89.7 million in the first six months of 2005, according to information from the Department of Economic Studies (Decon) of the Brazilian Printing Industry Association (Abigraf).

The product that contributed the most to the performance was the notebook. The industry of notebooks had export revenue of US$ 54.13 million between January and June this year, 157.84% more than in the same period in 2005.

According to information released by Abigraf, one of the reasons was the increase in restraints by the United States in relation to imports of Chinese products.

"The Brazilian printing material has quality and competitive price and, little by little, is gaining space on the international market," stated the president of Abigraf, Mário César de Camargo, according to a statement released by the entity.

The producers of packaging and wrappers also increased their revenues with exports by 15.71% in the period, with US$ 33.87 million.

Imports in the sector also increased boosted by the appreciation of the Brazilian real in relation to the United States dollar. They reached US$ 94.16 million in the first semester of the year, value 16.31% above to the same period in 2005. Purchases of packaging from outside Brazil, for example, increased by 65.36% and totalled US$ 9.07 million.

Even so, the country had a positive surplus in the segment’s trade balance. The difference between imports and exports was favorable to Brazil in US$ 49.59 million, 298.69% greater than the total in the same period last year, when it was at US$ 12.44 million.

The figures released by Abigraf are based on information by the Foreign Trade Secretariat (Secex) an organization connected to the Ministry of Development, Industry and Foreign Trade.

Anba

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Every 15 Seconds a Brazilian Woman Suffers Violence

Approximately 40,000 Brazilian women from all over the country gathered in  São Paulo on ...

Illiteracy Among Blacks in Brazil Is 17%. Among Whites, 7%.

Ending prejudice begins with education. With this motto, Brazil’s Ministry of Education’s (MEC) 3rd ...

Brazil’s Steel to Invest US$ 13 Billion

The Brazilian steel sector will invest US$ 13 billion on expansion through 2010. The ...

Image of an Infighting South America Is History, Says Brazil’s Lula

Brazilian President, Luiz Inácio Lula da Silva, said May Monday, May 26, that the ...

Egypt Wants Brazil’s Technology on Deep-Water Drilling and Ethanol

The Egyptian minister of Petroleum, Sameh Fahmi, is in Brazil to attend the International ...

Arrests Made in Case of Journalists Tortured by Brazilian Police

A Brazilian man arrested on suspicion of being a member of a militia that ...

Essência, a quartet from Goiás, Brazil

Brazilian Music: Essíªncia, Two Decades Like a River

The Goianian (from the Brazilian midwestern state of Goiás) musical scenery faced a very ...

IMF Predicts 3.5% Growth, But Brazil Says It Will Grow 4.5% in 2006

Pushed by strong private and government investment Brazil’s economy is in position to grow ...

Brazil’s Zero Hunger Goal for 2005: 8.7 Million Families

At a meeting, last September 30, between Brazil’s President Luiz Inácio Lula da Silva ...