São Paulo – Revenues from Brazilian exports of capital goods declined 10% in September over the same month of last year, according to data made available this Wednesday (26) by the Brazilian Machinery Builders’ Association (Abimaq). Revenues from foreign sales totaled USD 613 million last month.
Revenues from sales to international markets declined also in September over August, by 12%. Year-to-date ending last month, however, exports of machinery and equipment increased 1% to USD 5.9 billion.
The sector that registered the sharpest decline in foreign sales in September over August was components for the capital goods industry, followed by construction industry machinery, infrastructure and primary industry equipment and agricultural machinery.
In September, there was an increase in exports of machinery for consumer goods, for oil and renewable energy and for the processing industry. Year-to-date, all sectors improved except machinery for oil and renewable energy.
According to Abimaq’s data, from January to September of this year the region in the world that purchased the most capital goods from Brazil was Latin America with USD 2.4 billion, followed by Europe, with USD 1.06 billion, the United States, with USD 1.04 billion, and by China, with USD 466 million. The Chinese market was the only one in which sales improved.
*Translated by Sérgio Kakitani
