Browsing: Economy

More expensive foods were among the factors influencing the greater sales of Brazil to the Arab world up to November. The growth was 22%, to US$ 13.8 billion.

Straight from Natal, in Rio Grande do Norte, Matersol sells beach fashion and gym clothes to Europe, North and South America and the Middle East. The brand aims to expand sales abroad.

To the National Vehicle Manufacturers Association, raised tax and price of imported units will boost demand for domestic vehicles, lowering the number of cars available to be shipped abroad.

Brazilian Association of Defence and Security Materials Industries forecasts US$ 4.2 billion in foreign sales by 2020. The industry currently ships the equivalent of US$ 1 billion abroad each year.

The forecast is by the Abraciclo, the sector association, for next year. For 2011 a drop of 3% is expected in foreign sales as against 2010, with sales of 67,000 units.