NEWS

15

09Month
The 2013 Brazil industrial products trade deficit of $543000

The 2013 Brazil industrial products trade deficit of $543000

According to the Foreign Trade Research Center Foundation (Funcex) the latest statistics, in 2013 the Brazil industrial products import and export trade deficit of $54300000000, a year-on-year growth of 22.5%. Among them, the Palestinian industrial manufactured goods exports grew 0.6%, imports increased by 5.6%. Funcex tracked 22 industrial manufactured goods industry data, in which 15 industry trade deficit has increased compared with 2012, only 7 industry relatively good performance, cellulose and transport equipment (oil drilling platform related) surplus growth respectively $605000000 and $6230000000. To realize the trade surplus is the basic resource products, such as food, tobacco, wood and cellulose, products with low added value. The only alloy products and transportation equipment does not belong to the resource of low value-added products.

The above data show that, Brazil in the high added value product competitiveness is low, resources products competitiveness in weakening. The fund will be responsible for predicting the emergence of 2014 this won't big change. Brazil due to the competitiveness of products should be improved, American economic recovery is still uncertain whether favorable Brazil export.

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