São Paulo – The National Confederation of Industry (CNI, in the Portuguese acronym) has released a survey this Thursday (14th) on the share of imported goods on the Brazilian market. The penetration rate of imported goods was 21.8% in quarter three, up 0.7 percentage point from quarter two. The organization reports that the rate has increased for the 14th straight quarter.<\/p>\n
"The indicator’s increase is mostly due to difficulties on the supply side, and the loss of competitiveness of the Brazilian industry,” according to a CNI press release about the survey, which is titled Coefficient of Trade Openness, conducted in partnership with the Foreign Trade Studies Centre Foundation (Funcex).<\/p>\n
In the processing industry, according to the CNI, the share of imported goods was 20.3%, up 0.6 percentage point. The growth was highest in pharmaceuticals, oil products, machinery, electric materials, computing materials, and optical products.<\/p>\n
On the other hand, the share of exports in industry revenues was 19.2% in quarter three, on par with the prior quarter. “The rate reflects the poor export performance of Brazilian processed goods,” according to the press statement.<\/p>\n
*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" The rate of foreign products on the Brazilian market was 21.8% in quarter three, up 0.7 percentage point from quarter two.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-46454","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The rate of foreign products on the Brazilian market was 21.8% in quarter three, up 0.7 percentage point from quarter two.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/46454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=46454"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/46454\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=46454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=46454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=46454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}