
Brazil Increases Machinery Exports By 33.6%
With this result, the Brazilian machinery and equipment industry ended the first eight months of the year with export revenue of USD 8.3 billion, a slight decrease of 0.1% compared to the same period in 2024. Year to date, the average price of products shipped to foreign markets fell by 2.4%.
“Despite the overall stability, there was an increase in sales among the groups of exported products, including agricultural machinery, machinery for non-durable consumer goods, and components. The highest growth occurred in sales to South American countries, particularly in Argentina, Chile, and Peru,” ABIMAQ reported in its analysis of the period.
Read more:
Saudi Arabia doubles machinery imports from Brazil
Translated by Guilherme Miranda
Antonio Pinheiro/GerjThe post Brazil increases machinery exports by 33.6% appeared first on ANBA News Agency .
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