São Paulo – Brazilian exports of capital goods totaled USD 736.6 million in September, a decline of 24.7% over August 2018 and of 9.4% over September of last year, according to data shown this Tuesday (30) by the Brazilian Machinery Builders’ Association (ABIMAQ).
“Exports of machinery and equipment have shown strong fluctuations in the last few months,” stated the association in a statement. “In September, after climbing 43.5% in August, exports fell 24.7%,” said the statement.
From January to September, the industry’s foreign sales have reached USD 7.16 billion, up 10.9% in comparison to the same period of 2017. According to ABIMAQ, until August shipments had grown 13.9%.
Year-to-date, only the agricultural machinery and manufacturing industry sectors had sales on decline. In September, only two areas increased sales: construction machinery and manufacturing industry machinery.
Translated by Sérgio Kakitani
