• Categories
  • Archives

Graphic Industry Exports in Brazil Grow 11% and Imports 31%

Gráfica Santa Marta in Brazil Exports from the graphic industry in Brazil grew 10.8% in the first quarter this year, resulting in revenues of US$ 64.97 million for companies in the sector. The information was supplied by the Brazilian Association of the Graphic Arts Industry (Abigraf), based on data from the Brazilian Ministry of Development, Industry and Foreign Trade.

Packages led exports by the segment, having answered to US$ 25.5 million, or 39% of total sales, followed by printed cards, at US$ 12.9 million, the equivalent to 18.7%.

Imports also posted significant expansion during the period. They grew 30.7% between January and March compared with the same period in 2007, totaling US$ 82.1 million. In the same months of last year, graphic industry exports stood at US$ 62.8 million.

Publishing sector products, such as magazines and books, answered to 45% of total imports, or US$ 37.6 million. Printed cards represented 24.3%, or US$ 20.1 million, and packages answered to 14%, or US$ 12.9 million.

Export and import figures resulted in a deficit of US$ 17.6 million to Brazil. The value was 302% greater than in the first three months of 2007, when trade balance ran a deficit of US$ 4.28 million.

According to the president at the Abigraf, Mário César de Camargo, the cause for the rising deficit was the appreciation of the Brazilian currency. "The average exchange rate in the first quarter of 2007 was 2.1 reais for US$ 1; now, it has reached 1.73 reais for US$ 1," he explains, in a press release issued by the organization.

The notebook segment was among those for which exports decreased in the beginning of the current year, as it posted a 44% decrease in exports. The segment has always been one of the leading collaborators to the graphic industry trade surplus.

The president at Abigraf claims, however, that the deficit will not cause significant harm to the sector, as exports represent less than 2% of total sales by the graphic industry.

"The Brazilian graphic industry, in general lines, continues to grow, keeping pace with the evolution of the country's Gross Domestic Product," asserts Camargo.

Last year, the segment posted revenues of 17 billion reais (US$ 10.2 billion), growth of 4.5% over the previous year. The graphic industry, according to the president at Abigraf, is still generating jobs and increasing its number of companies in Brazil.

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

Saudi Arabia

Brazil and Saudis to Triple Their Trade to US$ 10 Billion

Brazilian trade with Saudi Arabia may reach US$ 10 billion in four years. The ...

Mercosur-Gulf Treaty Should Draw Investment and Tourists to Brazil

The free trade agreement that the Mercosur is negotiating with the countries of the ...

Embraer’s Deal with Brazilian Airline Might Go Over US$ 1 Billion

Brazilian aircraft manufacturer Embraer announced it has signed a contract with Brazil's airline Trip ...

Amazon’s Uncontacted Kawahiva People Face Annihilation

On UN Indigenous Peoples’ Day, Survival International is calling for the full demarcation and ...

In Brazil, for Every Moment There Is a Beer

Boys were drinking cachaça while outside the rain smacked the roofs of huts. Every ...

Argentina Accuses Brazil of Violating Trade Agreements

Brazil has been charged by Argentina of not keeping to agreed "self regulated" bilateral ...

US Treasury Yields’ Jump Depresses Brazilian Stocks

Latin American stocks retreated, as a surge in U.S. Treasury yields amid signs of ...

Highway Concessions, the Way Brazil Found to Maintain Its Busy Roads

The first federal highway concessions in Brazil date from 1996. There are six highway ...

Brazilian Indians Lose Land to Ranchers

A Brazilian Federal Court in Mato Grosso do Sul reached a verdict which granted ...