Brazil’s High Tech Exports Grow 32% Led by Communications and IT

    Brazilian exports of high technology products were the ones that increased the most last year, amongst the various segments in Brazil’s industry.

    According to information disclosed today by the Ministry of Development, Industry and Foreign Trade, shipments in the sector yielded US$ 8.7 billion in 2005, against US$ 6.6 billion in 2004, an increase in 32.5%. In all, Brazilian exports increased by 22.6% in 2005.

    The performance, according to the Ministry, was influenced especially by external sales of radio and TV and communication equipments, which increased by 86.3%, and office and IT material, which increased by 43.2%. Last year, the participation of the segment in the total of Brazilian exports was of 7.4%, against 6.9% in 2004.

    Exports of goods classified by the Foreign Trade Secretariat (Secex) as "medium-high technology", such as electric machines and equipments, vehicles and equipments for railways and transportation materials, increased by 29.7% going from US$ 22.2 billion, to US$ 28.9 billion. The sector’s participation in the Brazilian exports basket went up from 23.1%, in 2004, to 24.4% in 2005.

    In the field of "medium-low technology", such as coal, oil products and metallic products, there was an increase in 20.7% in exports.

    In spite of the increase, this sector lost space in the exports basket, from 19.5% to 19.2%. And the low technology industry, according to the Ministry, had its share in the total of Brazilian exports reduced from 30.5% to 28.4%

    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    Your email address will not be published.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

    Nano iPod

    Wanna Buy an iPod? By All Means Keep Away from Brazil

    Willing to buy an iPod? Try Hong Kong and if in Europe, Switzerland, and ...

    A New Blackout on Brazil’s Horizon, Warn Scientists

    The Brazilian Executive Secretary of the Ministry of Mines and Energy, MaurÀ­cio Tolmasquin, reaffirmed ...

    20/20: 20% of Brazilians Have Diabetes and 20% Have High Cholesterol

    According to the Brazilian Society of Cardiology (SBC), diabetes is one of the most ...

    Castelo do Plácido

    In Fortaleza, Brazil, Old Buildings Tell City’s Story

    Founded in the 17th Century by Dutch conquerors,  Fortaleza is one of the few ...

    Brazil's national soccer team new jersey

    Brazil’s National Soccer Team Gets New Jersey in Celebration of ’58 World Cup

    Set against the backdrop of the Granja Comary, the official training facility of the ...

    Brazil Breaks Several Economic Records

    All the variables relative to Brazilian industry researched by the National Confederation of Industry ...

    High Costs Don’t Deter Brazilians from Traveling

    A survey by Brazil’s Ministry of Tourism has found that four out of every ...

    Brazil’s Lula Answers to Cardinal Who Called Him Chaotic

    Answering to Rio’s Eusébio Oscar Cardinal Scheid, who called him “chaotic not catholic,” Brazilian ...