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Brazil Machinery Solutions (BMS) Program Participated with Its Companies at the Exponor Fair in Chile in June and Promoted Brazilian Equipment for the Mining and Energy Sector
The Exponor fair, one of the largest in the mining, energy, and innovations sector, took place from June 13 to 16, 2022, and featured the presence of several Brazilian companies through the Brazil Machinery Solutions Program. The negotiations during the fair already total a return of US$ 1.08 million in machinery and product exports for the next 12 months and present an optimistic outlook for Brazil’s economy.
In 2021, the sector generated over US$ 170 million in total, and with the deals made during the fair, we now have a significant starting point. Thus, it is expected to surpass the total from 2021, with major advances in exports. The event featured the participation of six Brazilian companies: Fewtec, Henfel, Netzsch, Neuman & Esser, Porta Cabos, and Steinert. Learn more about this participation in the article.
Learn More About the Inauguration of Exponor 2022 in the Video Below
BMS Was Created to Promote Brazil’s Vision as a Major Exporting Country in the Mining and Energy Sector and Is Already Reaping Its Benefits After Exponor
The Brazil Machinery Solutions Program was established following a partnership between the Brazilian Agency for the Promotion of Exports and Investments (ApexBrasil) and the Brazilian Machinery and Equipment Industry Association (ABIMAQ). Its aim is to promote Brazilian companies in the mining and energy sector and stimulate an increase in exports. The program delivered results as early as 2021, with exports to over 160 countries.
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Also in 2021, Brazil accounted for 22.4% of machinery and equipment exports for mining and energy to the United States, totaling US$ 40.2 million. For Chile, that same year, it was nearly US$ 20 million, and for Peru, nearly US$ 14 million. Now, during its participation in the Exponor event, Brazil secured large contracts with countries such as Australia, Argentina, Chile, and Peru totaling US$ 1.08 million.
Parts of Machines and Devices for Specific Functions Made Up 52.6% of Total Exports in the Sector in 2021
Brazil stood out during the Chilean fair and closed significant deals beneficial to the economy. Among the main export products are parts of machines and devices with specific functions such as selecting, screening, separating, washing, crushing, grinding, mixing, or kneading soil, stones, or minerals. Sales of this machinery totaled US$ 94.4 million in 2021, accounting for 52.6%.
In this scenario, Chile was Brazil’s second-largest trading partner, resulting in a total of US$ 15.5 million in 2021. This corresponds to a share of 78.3% of Chilean imports in mining and energy.
Meet ABIMAQ and ApexBrasil, the Entities That Made the BMS Initiative Happen
The Brazilian Machinery and Equipment Industry Association (ABIMAQ) is an entity responsible for seeking greater strengthening of the mining and energy sectors in Brazil, always aiming for economic advancement. It was founded in 1937 and has since contributed to bringing more technology, skill development, and modernization to Brazilian industries, as well as to the national economy.
In its regard, the Brazilian Agency for the Promotion of Exports and Investments (ApexBrasil) operates similarly to ABIMAQ but focuses on the internationalization of Brazilian industry. The entity aims to attract foreign capital investment and develop commercial promotion for the country and greater visibility for the Brazilian mining and energy sector. Additionally, it coordinates efforts to attract foreign direct investment (FDI), ensuring support for potential investors throughout the process.
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