Brazilian Government Agency Helps Exporters Earn US$ 8.8 Billion

Brazil export Apex The companies that are participating in the Brazilian Export and Investment Promotion Agency (Apex-Brasil) projects exported US$ 8.8 billion from January to June this year. The target for 2008 is US$ 11.9 billion, that is, in 6 months of work 73.7% of the forecasted total has been reached.

"In comparison with 2007, there was growth of 11.63%. This is very significant growth," stated Rogério Bellini, Project Management manager at the agency.

The number of companies operating with agency support has also grown. In the first half of this year, Apex-Brasil assisted 4,973 organizations through its projects. An increase of 30.8% over the number of companies assisted in the same period in 2007.

For every US$ 1.00 spent by the Apex, US$ 59.43 were generated in greater exports. "Our target was to generate US$ 6.4 per dollar spent. We did very well, generating almost eight times more," he celebrates.

Apex also expanded the number of sectors in its project list. From January to June 2008, 62 sectors were supported, 24% more than the number of sectors reached in the same period in 2007. "We have already serviced 62 of the 68 economic sectors in the country. It is probable that up to the end of the year we may reach 100%," he guarantees.

In the period from January to June 2008, the agency promoted 305 events, or 50.8% of the 600 events forecasted for the whole year. "The result shows that the agency should probably exceed the forecasted target, as the number of events and also those of greater importance are in the second half of the year," he said.

Among them, Bellini points out Sial 2008, a food and beverage sector fair to take place in France, between October 19th and 23rd, and Index, the largest furniture and decoration sector fair in the Middle East, to take place between December 3rd and 7th this year, in Dubai, in the United Arab Emirates.

"At Sial we will have a space of 3,000 square meters. And to Index we should take over 40 companies, to show their products in a space of 1,200 square meters," he says.

Anba

Tags:

You May Also Like

Brazil and Mauritania to Explore Oil Together

Brazil’s Minister of Science and Technology, Eduardo Campos, met last Monday, May 2, with ...

Divorces in Brazil Jump 46% and Set Record with Over 350,000 Untying the Knot

Brazil had a record-setting 351,153 divorces in 2011, 45.6% more than in 2010 and ...

Brasília’s Governor Bad Season: Supreme Keeps Him in Jail and Impeachment Starts

Brazil’s Supreme Court on Thursday voted 9 to 1 to keep the governor of ...

Political Polarization Has Done Brazil a Lot of Good

The test of a democracy’s health is what happens at levels beneath that of ...

Brazil’s G20, the Poorest and the Rich Won’t Reach Accord Without New Language

The Hong Kong meeting of the WTO has amply illustrated how difficult it is ...

Brazil’s Industry Criticizes Interest Rates

Brazil’s industrial indicators for February, released yesterday by the National Confederation of Industry (CNI), show ...

Brazil on a Push to Modernize Ports

The Brazilian government plans to spend US$ 17 million (50 million reais) to eliminate ...

A Deadly Attack on Indians Shows Brazil’s Inability or Unwillingness to Protect Them

Brazil seems incapable of protecting the life of its Indians. A deadly attack on ...

Brazil’s Fish Leather Shoes Are for Export Only

Businesswoman Tânia Pedracini, from Maringá (in the southern Brazilian state of Paraná), established a ...

World’s Best Horsemen in Brazil for International Horse Jumping Contest

For the first time ever, Brazil will host one of the legs of the ...