Last year, 1.26 million units were manufactured in Brazil. In 2016, output is expected to grow 2.5%.
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Consulting firm Establish Brazil, owned by Syrian Husam Abboud, helps companies and entrepreneurs from abroad to set themselves in the country. It offers help with red-tape and knowledge of the local market.
Survey by KPMG consulting company shows that foreigners bought 296 companies in Brazil and that Brazilians acquired 66 companies abroad in 2015.
The sum is required in order to provide support to people affected by the civil war, including 4.7 million refugees and 13.5 million internally displaced persons.
The Brazilian Ministry of Justice signed agreements with Rio Grande do Sul and Santa Catarina state governments and with Porto Alegre and Florianópolis city halls to create immigrant welcome centers.
The increase was over October 2015 and it was the second consecutive one. In comparison to November 2014, however, there was a decline of 7.8%.
Low commodity prices impacted on Brazil’s performance in 2015. Brazil had a USD 4.99 billion trade surplus with Arab countries, amounting to roughly one quarter of the country’s overall surplus in the year.
Brazil earned USD 5.9 billion with external sales in 2015, a decline of 18% over 2014. The Egyptian market, however, expanded 8%.
The agreement with the International Monetary Fund does not involve cash yet, only assistance with cutting spending and improving the financial system.
The state-run oil company cut down its investment forecast through 2019 from USD 130 billion to USD 98 billion. The plummeting oil price and the US dollar hike were contributing causes.
National Supply Company (Conab) estimates a production of 210.5 million tons of grains in the 2015/2016 crop, with the Brazilian Institute of Geography and Statistics (IBGE) pointing to 210.7 million tons in the current calendar year.
Organization will host a lecture with economist Zeina Latif and releases its activity schedule for this year on January 28th in the city of São Paulo.
Nearly 19,000 tons were shipped abroad from Brazil last year, up 53.5% from 2014. The United Arab Emirates was the leading buying country.
The industry grossed USD 88.22 billion in Brazil, down 8.8% from 2014. The Brazilian Ministry of Agriculture rates the performance as good for a slumping economy.
