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Brazilian imports grow in volume and variety
Brazil recorded a surplus commercial revenue of a staggering US$19,08 billion in the first quarter of 2024, marking a 22,2% increase compared to the same period last year. These numbers are a clear indication that the Brazilian economy continues to expand its presence on the global stage.
Helmuth Hofstatter, CEO and founder of Logcomex, highlights that there was a modest increase of 6,5% in the quantity of products imported by Brazil. He also reported that the total weight of imported products reached the mark of more than 40 billion kilograms. However, the average price of these products saw a 4% reduction, with the FOB value for the quarter reaching US$59,2 billion, which also reflects a small decrease of 2% compared to 2023.
Details of imported products
Among the most imported items are gas oil (diesel oil), with emphasis on its NCM code 27101921, followed by crude petroleum oils and other potassium chlorides. Chemical products, naphtha for petrochemicals and bituminous coal were also significant in imports, showing the diversity of the country's industrial needs.
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According to Hofstatter, it is important to note that there has been a 16% decline in the FOB value of imported chemicals. On the other hand, the electronics segment saw a growth of 1,2%, while the machinery and equipment segment saw an impressive increase of 9%. This data indicates significant changes in import trends and in the economic sectors that are expanding most quickly.
Main business partners
The main exporters to Brazil, measured by FOB value, were China, the United States, Germany, Argentina and Russia. These countries continue to be vital to Brazil's foreign trade operations, providing a wide range of products that support several Brazilian industries.
About Logcomex
Founded in 2016, Logcomex is one of the biggest startups in Brazil in the area of foreign trade. The company offers a technology platform that allows companies of all sizes to plan, monitor and automate their operations. supply chain leaders globally. With around 300 employees, Logcomex maintains a presence in more than 11 countries, spread across five continents.
About Helmuth Hofstatter
Helmuth Hofstatter, an Endeavor entrepreneur with more than two decades of experience in international logistics and foreign trade, co-founded Logcomex and has since led the company, focusing on technology development and product management. He is passionate about innovations that transform foreign trade and global logistics.
This report on Brazilian imports illustrates not only the country's ability to integrate into the global economy, but also highlights how innovative companies like Logcomex are at the forefront of this process, providing essential tools for success in today's competitive environment.
Source:
| Carolina Lara |
