Exports from the Brazilian machinery and equipment industry reached its best result in history, climbing 14.6% from 2022.
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International sales of machinery and equipment from Brazil yielded USD 1.1 billion in July. There was also an increase in imports.
Indicator points out that investments in May stepped up by 1.6% month on month and 0.5% year on year. Components include purchases of production machinery.
Brazilian equipment industry saw an increase in 2019 revenue, as per figures made public by Abimaq.
Foreign sales from Brazil came out to USD 520 million on the back of a road transportation industry strike. Industry association Abimaq is expecting a recovery.