Brazilian Companies Estimate Over $4.7 Million in Business After Expoplast

Written by Paulo Nogueira

Published on 01/09/2022 at 10:42

Updated on 01/09/2022 at 10:48

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During the Fair, Considered a Gateway to the Plastic Industry in Peru, Brazilian Companies Raised US$810 Thousand in Sales

Exhibiting high-efficiency machines and technological innovations, nine Brazilian companies participated in Expoplast, the international fair for the plastic industry, which took place from August 24 to 27. The event, held in Peru – a country that today has one of the fastest-growing economies in Latin America – is one of the most important meeting points for the Latin American and South Pacific plastic industry.

Brazilian Machinery and Equipment Industry Association and ApexBrasil Reinforce This Partnership

Through the Brazil Machinery Solutions (BMS) Program, a partnership between ABIMAQ (Brazilian Machinery and Equipment Industry Association) and ApexBrasil (Brazilian Agency for the Promotion of Exports and Investments), the companies Boy Service, Delgo, Lakatos, Laserflex, Mecalor, Polimáquinas, Reinaflex, SEIBT, and Vizuri participated in the fair, which featured approximately 300 national and international exhibitors and more than 20,000 visitors.

“Expoplast showed a promising scenario for Brazilian exports. Only in the four days of the event, the companies that were with BMS totaled US$810 thousand in deals made in loco, with an estimate of reaching an additional US$3.95 million in business over the next 12 months,” explains Patrícia Gomes, Executive Director of External Market at ABIMAQ. The main destinations were Peru itself, as well as Ecuador and Chile.

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OVERVIEW OF BRAZILIAN EXPORTS

In the ranking of the most important destinations for the export of machines and equipment from the plastic sector in 2021, the following are included: the United States, Argentina, Peru, the United Kingdom, and Chile.

In the same year, Brazil exported US$15 million to the United States, 16% of its machinery in the sector. Argentina imported US$14.1 million during the same period, while Peru handled US$7.6 million. The United Kingdom increased its share by 79% between 2020 and 2021, reaching US$7.3 million. Chile, in turn, reached US$6.4 million in imports.

Among the most exported Brazilian equipment in the plastic industry are machines and devices for working rubber, plastics, or for manufacturing products from these materials. In 2021, these items had a share of 27.4% within the sector, generating US$25.7 million. Another highlight is auxiliary machines for printing, which reached US$11.2 million in exports, a 27% increase compared to the previous year.

About theBrazil Machinery Solutions – Born from the partnership between the Brazilian Agency for the Promotion of Exports and Investments (ApexBrasil) and the Brazilian Machinery and Equipment Industry Association (ABIMAQ), the Brazil Machinery Solutions program aims to promote Brazilian exports of machinery and equipment, as well as strengthen Brazil’s image as a manufacturer of mechanical capital goods with technology and competitiveness. The BMS Program currently has more than 200 members, including industries from various sectors such as agriculture, textiles, mining, plastic, packaging, among others. By October 2021, member companies of the BMS Program had recorded exports to 160 countries. For more information: www.brazilmachinery.com

About ABIMAQ – The Brazilian Machinery and Equipment Industry Association (ABIMAQ) was founded in 1937 with the aim of advocating for the strengthening of the national industry, mobilizing the sector, conducting actions with political and economic authorities, stimulating international trade and cooperation, and contributing to improving its performance in terms of technology, human resources training, and managerial modernization. For more information: www.abimaq.org.br

About ApexBrasil – The Brazilian Agency for the Promotion of Exports and Investments (ApexBrasil) has the mission of developing the competitiveness of Brazilian companies by promoting the internationalization of their businesses and attracting foreign direct investments. In partnership with sectoral entities, the Agency organizes commercial promotion actions, such as prospective and commercial missions, business rounds, support for Brazilian companies’ participation in international fairs, and visits from foreign buyers to know the Brazilian production structure. It also coordinates efforts to attract foreign direct investment (FDI) to the country, working on identifying business opportunities and promoting strategic events while ensuring support for foreign investors throughout the entire process in Brazil. For more information: www.apexbrasil.com.br

Brazilian Companies Estimate Over $4.7 Million in Business After Expoplast

During the Fair, Considered a Gateway to the Plastic Industry in Peru, Brazilian Companies Raised US$810 Thousand in Sales

Brazilian Machinery and Equipment Industry Association and ApexBrasil Reinforce This Partnership

OVERVIEW OF BRAZILIAN EXPORTS

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Brazilian Companies Estimate Over $4.7 Million in Business After Expoplast

During the Fair, Considered a Gateway to the Plastic Industry in Peru, Brazilian Companies Raised US$810 Thousand in Sales

Brazilian Machinery and Equipment Industry Association and ApexBrasil Reinforce This Partnership

OVERVIEW OF BRAZILIAN EXPORTS

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At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

“No one will make us change the Pix,” says Lula after the US report.

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