Overview Of Manufacturing And Trade In Brazil From 2019 To 1 In August

(1) the manufacturing industry has been a drag on Brazil's export performance from 1 to August this year (2019).

According to the Brazil Economic Research Institute (Ibre) published in September 16th (2019) in September 16th, foreign trade indicators Bulletin (Icomex) information, exports from August to August this year fell more than imports, no matter in terms of quantity or price. During that period, exports dropped by 1.4% and imports fell by 0.3%. In terms of price, exports decreased by 4.7% and imports decreased by 3.1% during the same period, compared with the same period last year.

According to Ibre, Brazil's import and export performance has been slowed down by global trade growth and domestic economic activity this year. So foreign trade declined 15% in August this year, and accumulated 1 to 4.8% in August. As a matter of fact, the export volume of non bulk commodities is reduced. In August this year, the export volume of non staple goods was reduced by 7.8%, the export volume was reduced by 5.4%, and the export volume of bulk materials also decreased, but the rate was lower, which was reduced by 4.3%, but the export volume increased by 3.2%.

Manufacturing industry led to a decrease in exports of industrial products. This year, from 1 to August, compared with the same period last year, it dropped by 3.8%, except for oil, with a smaller reduction of 0.9%. Even so, in terms of industry type, manufacturing industry is still the worst performing group, with mining exports growing by 5.2% and agriculture 1.3%. In terms of imports, the import volume of manufacturing industry was excluded from oil, which accumulated 4.3% growth in August, 1.3% growth in mining imports and 1.1% growth in agriculture.

(two) imports and exports in Brazil (2019) decreased from 2.8% to 5.2% in January (August) respectively.

From January to August this year, Brazil's exports amounted to US $148 billion 853 million, a decrease of 5.2% over the same period in 2018, and the import volume of US $117 billion 94 million, a decrease of 2.8% over the same period last year. Compared with the same month last year, exports of manufactured goods fell by 25.8%, semi-finished products increased by 14.4%, and raw materials increased by 2.5% in August. Compared with the same period in 2018, the number of finished products dropped by 9.5%, and the semi-finished products decreased by 0.9% in 1-8 months, while the material in the plateau increased by 0.7%.

Total imports decreased in August, such as capital goods (-35.0%), fuels and lubricants (-34%), consumer goods (-7%) and intermediate products (-2%). From January to August, imports also fell most of the same period last year, such as capital goods (-16.5%), consumer goods (-5.5%), fuels and lubricants (-3.7%), but imports of intermediate commodities increased slightly (+ 1.9%). In terms of imports, Brazil has low demand for oil and petroleum products and automobiles.