Bahrain’s imports increased in July, and so did re-exports, in which a country exports goods that were previously imported. Top re-exports were private cars, gold ingots, and smartphones, according to a non-oil trade report.
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Results released by the vehicle manufacturers association revealed a 16% decrease in foreign sales of light commercial vehicles, buses, and trucks.
In March, sales of light vehicles in the Moroccan market dropped 11% to 36,800 units. Dacia, Renault, and Hyundai were the best-selling brands among passenger vehicles.
According to a CNA executive, Brazil has the opportunity to increase poultry and beef shipments to Morocco. The port complex in the city of Tangier is the largest in the Mediterranean.
Brazil had a drop in production and exports of vehicles in June compared to May but managed to increase volumes compared to 2020.
Despite a month-on-month decline, car exports from Brazil climbed 21.9% from a year ago.
Last month, sales in the Brazilian market were down both year on year and month on month, Fenabrave reports.
Sidnei Santos established Total Design Art two years ago. He sells furnishing and décor items built from throwaway car, yacht, airplane and motorcycle parts.
Numbers by Anfavea show that foreign sales from Brazil were down 22.6% year-on-year and 34.7% year-to-date.
Foreign sales declined 7.1% year-on-year and 0.2% from August, Anfavea reported.
Year-to-date through June, 2 million units were sold, including automobiles, light commercial vehicles, trucks, buses, and motorcycles.
Output reached 276,000 units in May, up 30% from a year ago. Industry employees declined 1.8% year-on-year.
Last month, 197,000 units were manufactured. Domestic sales grew by 10%, but exports dropped by 46%.
A total of 2.88 million cars, light commercial vehicles, trucks and buses were manufactured in Brazil in 2018. Domestic market boosted the industry, because exports have declined.