US Curbs on China Boost Brazil’s Printing Sector

Brazzil Magazine covers

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

Brazzil Magazine covers

Brazil’s Embraer Shortlisted by Emirates’ Armed Forces

The Armed Forces of the United Arab Emirates are evaluating the purchase of airplanes ...

Brazzil Magazine covers

Brazil’s Petrobras Grows 70% and Zooms to 8th Place Among World’s Oil Companies

In a press release, Brazilian state-owned oil company Petrobras informed that its market value ...

Brazzil Magazine covers

Building Bridges Between Brazil and Arab World Through Portuguese

During the Revolution of the Malês, in 1835, in the northeastern Brazilian state of ...

Brazzil Magazine covers

Best-seller Books, Plays and Movies

Since its inception, the MMTR (Rural Women Workers’ Movement) has undergone a major transformation ...

Brazzil Magazine covers

The São Paulo Election’s Winner Is a Minas Politician Who Wants to Be Brazil’s President

The leading Brazilian politician José Serra celebrated his 70th birthday on 19 March 2012. ...

Brazzil Magazine covers

Brazil’s Lula Finds Culprit for Global Crisis: White People with Blue Eyes

Brazilian President Luiz Inácio Lula da Silva and British Prime Minister Gordon Brown agreed ...