The Central Bank index measuring the price of Brazilian primary goods sold to foreign countries declined by 1.7% in November compared with the preceding month.
Ruell, based in the state of Santa Catarina, buys foodstuffs such as dates, raisins, nutmegs and capers from three countries in the region, but wants to find new suppliers.
The gross domestic product performance in quarter three this year was no surprise to analysts. Early this year, the economic growth projection was 4%.
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.
The country’s economy did not expand in the third quarter compared with the second one. According to the minister of Finance, Guido Mantega, the 3.8% annual growth estimate will not come to pass.
The state has an export processing zone that is ready for operation. Companies setting up there will have tax breaks to sell abroad and also to import inputs. There are already 32 candidates.
World Petroleum Congress started this Monday in Doha. Event will discuss innovations in the field and clean energies. The Brazilian state-owned company’s president will speak on Thursday.
Other indicators in the National Confederation of Industries survey, however, did not perform as well. The reason is high stock-up levels.
Brazilian exports in the first working days of the month reached US$ 1.785 billion, while imports totalled US$ 1.466 billion. The figures were disclosed by the Ministry of Development.
Led by Abicab and Apex, Brazilian sweet producers participate in a delegation and fair in the Middle East next year. Expectations are to expand exports to the region.
Paranaguá and Antonina had a combined throughput of 38 million tonnes this year. Soy and sugar rank among the most shipped items.
Software developed by company Prima7s, from Rio de Janeiro, offers more detailed analysis on the integrity of oil pipelines than other technologies on the market.
The event, for several sectors, should take place in the capital of Sudan, from January 25th to February 1st, 2012. Opportunities are for agricultural machinery, food, building material, among others.
