In Brazil US Is Number One in Importing and Exporting Machinery

razilian machinery and equipments exports yielded US$ 2.174 billion in the first quarter, an increase in 10% in comparison to the US$ 1.977 billion of the same period last year.

The information comes from the Brazilian Machinery Manufacturers Association (Abimaq).

The main markets for Brazilian capital goods in the period were the United States (30.4%), Argentina (12.6%) and Germany (6.24%).

On the other hand, always according to Abimaq, Brazil imported the equivalent to US$ 1.4 billion in machinery and equipment in the first quarter of 2006, against US$ 1.2 billion in the same period last year, an increase in 22%. The main suppliers were the United States (29%), Germany (19%) and Japan (19%).

In spite of the increase in exports, the sector’s revenues dropped from US$ 6.0 billion to US$ 5.8 billion in the quarter. At the same time, there was a drop in 0.4% in the number of jobs in this segment.

Roullier Expands

Roullier Brazil is going to invest US$ 8.5 million in the modernization of their industrial unit in Brazil, which is in the city of Rio Grande, in the southernmost state of Rio Grande do Sul. The company is a French multinational that makes goods like fertilizers and hygiene products.

The company is going to install an industrial unit to mix NPK, a kind of fertilizer, and mineral salts, with a capacity for production of 100,000 tons a year.

A warehouse will also be built to increase the storage capacity. This information was supplied by a spokesperson for the government of the state of Rio Grande do Sul.

Anba

Tags:

You May Also Like

Former President Cardoso Says Brazil Lost Leadership in the Mercosur

Mercosur is agonizing and the situation could worsen if any of its members signs ...

Brazil Has About Face: No More Favorite in Bolivia’s Election

Brazil tried to downplay President Lula da Silva’s words of support for the left ...

A Great Time to Be Capitalist in Brazil

Increase in revenues, reduction of debts and record profits. Facts like these were part ...

Why Can’t Brazil Be More Like Venezuela?

Caracas does not have many tourist sights, but were a visitor to write the ...

Quiet Revolution

There is a sad note about both works reviewed. The artists in them are ...

Dunga, Brazil’s Soccer Coach, Gets 8 Times Less than British Counterpart

Soccer coaches of the national teams participating in the South Africa 2010 World Cup ...

ILO Praises the Way Brazil Is Dealing with Slave Labor

The “Global Alliance Against Slave Labor” report affirms that measures taken by the Brazilian ...

Chavez Says He Will Buy from China if Brazil Won’t Sell Warplanes

Venezuelan President Hugo Chavez said the U.S. is blocking his efforts to acquire Brazilian ...

Brazil’s GDP Grows to US$ 609 Billion Up to September

The Gross Domestic Product (GDP) of Brazil totaled US$ 609 billion in the period ...

Brazil’s Timid Interest Rate Cut Doesn’t Please Industry or Workers

Brazil Central Bank’s Monetary Policy Committee (Copom) surprised the market at the end of ...