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

Brazil’s Ports Still Not Prepared Against Terrorism

Security norms are becoming increasingly rigorous worldwide, both for passengers and cargo, and there ...

Towns Gold Built

When Americans and Russians started to explore outer space, we gave Marshall an old ...

The Presence of Ancient Egypt in the Brazilian Press

Pyramids, Sphinxes and pharaohs. These and other elements of Ancient Egypt are included in ...

Brazilian train

A US$ 37 Billion Secret Project to Make Brazil and South America US and EU Friendly

The project for Integration of South American Regional Infrastructure (IIRSA, by its initials in ...

Romancing the IMF

Brazilian Finance Minister, Antônio Palocci, the former Trotskyist,  is saying the right things. He ...

Brazil Exports Grow to Record US$ 137 Billion, 16.2% More than in 2005

Brazil’s trade balance had its second best monthly performance in 2006 in December, which ...

There Won’t Be Hunger in Brazil in One Year, Says Lula’s Aide

By the end of Brazilian President Luiz Inácio Lula da Silva’s mandate, no family ...

Cuba's Fidel Castro with Venezuelan President Hugo Chavez

US-Brazil Biofuel Plan Will Condemn 3 Billion People to Death, Says Fidel

In his first two articles in the Cuban Communist Party’s newspaper, Granma, since becoming ...

Crê Ser condominium in Bahia, Brazil

From Shacks to Homes a Brazilian Community Teaches There’s No Impossible

The streets off Praça Viva Gente were blanketed with grayish-green igneous rock. Well manicured ...

Brazilian company Fris Moldu Car

Late Wages Lead Brazil Workers to Take Over Factory Where Lula Once Worked

Workers at the Fris-Moldu-Car plant outside of São Paulo have occupied the factory since ...