Saturday, 23 October 2021 07:56 GMT

Motorcycle exports from Brazil up 34.5%


(MENAFN- Brazil-Arab News Agency (ANBA))

São Paulo – Brazil exported 4,872 motorcycles in September, the Brazilian Association of Motorcycle, Autocycle, Scooter and Bicycle Manufacturers (Abraciclo) reported on Wednesday (13). Foreign sales were up 34.5% from a year ago, despite a month-on-month 13.1% decrease. Year to date, 42,765 motorcycles were exported, up 79.8%.

Abraciclo chairman Marcos Fermanian said that the increased foreign business is a direct reflect of the economic recovery of the South America countries following a crisis period and the most acute stage of the health crisis ushered in by the coronavirus.“It's worthy reminding that the motorcycles manufactured in Brazil have been well received in the US market, proving the high value added of the national product,” he was quoted as saying.

The motorcycle production in the Industrial Complex of Manaus declined by 11.9% in September from August, to 108,948 units. Year on year, it was up 3.7%. Year to date, 896,558 units were manufactured, up 29.3% from a year ago. Fermanian says that the figures are proof of the recovery of the industry, which is expected to end the yar at 1.2 million units produced.

Translated by Guilherme Miranda

José Paulo Lacerda/CNI

The post Motorcycle exports from Brazil up 34.5% appeared first on Agência de Notícias Brasil-Árabe .

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