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:

You May Also Like

Greenpeace Accuses Spain of Using Illegal Wood from Brazilian Amazon

At 10.00 am this morning, 41 Greenpeace activists sealed the entrance to Madrid’s prestigious ...

Brazil’s Primary Account Surplus Well Above IMF Target

According to Brazil’s secretary of the National Treasury, Joaquim Levy, the increase in Brazilian primary account ...

Dow, DuPont, Monsanto and Syngenta Take Over Brazil’s Corn

Recent news from media sources would have readers believe that Brazil is euphoric in ...

Volkswagen's Gol Totalflex made for the Brazilian market

Being an Ethanol Pioneer Doesn’t Exempt Brazil from Eco-Responsibility

For 30 years Brazil has been using ethanol as fuel. What is been referred ...

Brazil Still Mum on Traffic Controller Error that Led to Boeing Crash

The flight recorder transcript from the Long Island executive jet involved in Brazil’s worst ...

Brazil’s Sea of Mud Ends Up Swallowing Finance Minister

Brazil’s Finance Minister Antonio Palocci, 45, architect of the government’s orthodox market policies stepped ...

Rio, Brazil, street kid searches for lost coins under the drain

When I See What’s Going on in Brazil I Feel Like Picking Up a Gun

They come every trash day. A black man in his twenties and his son, ...

Brazil Needs to Learn to Set Goals and Apologize

At the beginning of 2003, when I was Brazil’s Minister of Education, I suggested ...

Brazil’s Pluri-Faceted Bianca Rossini Reveals Latest Gift: She Can’t Stop Composing

Bianca Rossini is the new Brazilian sensation in the music scene of Los Angeles, ...

Stock Market Investors Grow But Investment Shrinks in Brazil

From July to August, the number of natural people investing in the São Paulo ...