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:

You May Also Like

Brazil Vows Inspiration and Social Change If Chosen to Host 2016 Olympics

During a presentation for Olympic Family members and international sports figures at Sport Accord ...

Brazil’s PPS Vows There Will Be No Deals for Congressmen Found Guilty of Corruption

The National Executive Committee of the Brazilian PPS (Popular Socialist Party) decided, to file ...

Brazil’s Vice-President: Interests Are Halting Country

The president of the Brazilian Supermarket Association (Abras), João Carlos Oliveira, seemed very optimistic ...

Indignation Elected Lula in Brazil. But Nothing Changed.

Here’s a positive lesson to be taken from this almost always maladroit globalization concept: ...

Lost Your Job on Wall Street? Head for Brazil!

The financial crisis which has hit American and European banks has cost tens of ...

Former Brazilian President Fernando Henrique Cardoso

Former Brazil President Says Country Lost Its Leadership

Latin America has never been so divided, Mercosur is but an illusion of integration ...

Brazil’s Lula Apologizes. Ally Says He Knew All. Impeachment Is on the Cards.

Brazilian President Luiz Inácio Lula da Silva apologized Friday, August 12, in a nationwide ...

Excuse-me, Sir! Here comes João Bosco

Composer, lyricist, arranger, guitar player, singer, and philosopher João Bosco doesn’t stop bewitching the ...

With Venezuela’s Help Brazil Builds First Oil Refinery in 20 Years

Brazilian President Luiz Inácio Lula da Silva visited two municipalities in the state of ...

Song of the South

Judith Kay is fascinated with Brazil and its music. After falling in love with ...