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Home Mining and energy sector should reach more than US$ 1 million in exports in 2022, according to projections during the Chilean innovation fair, and promises to leverage the economy of Brazil

Mining and energy sector should reach more than US$ 1 million in exports in 2022, according to projections during the Chilean innovation fair, and promises to leverage the economy of Brazil

28 June 2022 to 10: 53
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mining and energy exports economy Brazil Exponor Chilean fair
Scenario of exports in mining and energy is optimistic for the Brazilian economy | Photo: Industry Portal

Program Brazil Machinery Solutions (BMS) was with its companies at the Exponor fair in Chile in June and promoted equipment from Brazil for the mining and energy sector

The Exponor fair, one of the largest in the sector mining, energy and innovations, took place between June 13 and 16, 2022 and was attended by several Brazilian companies through the Brazil Machinery Solutions Program. Only the negotiations during the fair already add up to a return of US$ 1,08 million in exports of machinery and products for the next 12 months and bring an optimistic scenario for the Brazilian economy.

In the year 2021, the sector moved more than US$170 million in total and with the deals closed during the fair, we already have a significant starting point. Thus, this 2021 total is expected to be surpassed, with great advances in exports. The event had the participation of 6 Brazilian companies Fewtec, Henfel, Netzsch, Neuman & Esser, Porta Cabos and Steinert. Learn more about this participation in the matter.

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Learn more about the inauguration of Exponor 2022 in the video below

Fair in Chile has several exhibitions from the mining and energy sector in 2022 | Playback — YouTube: Antofagastatv30

The BMS was created to encourage the vision of Brazil as a major export country in the mining and energy sector and is already reaping its rewards after Exponor

The Brazil Machinery Solutions Program was created after a partnership between the Brazilian Trade and Investment Promotion Agency (ApexBrasil) and the Brazilian Machinery and Equipment Industry Association (ABIMAQ). It aims to promote Brazilian companies in the mining and energy sector and encourage increased exports. The program already brought results in 2021, with exports to more than 160 countries.

Still in 2021, Brazil had 22,4% of exports of machinery and equipment for mining and energy to the United States, adding up to a total of US$ 40,2 million. For Chile, that same year, it was almost US$ 20 million and, for Peru, almost US$ 14 million. Now, during the participation in the Exponor event, Brazil signed 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 if highlighted during the Chilean fair and closed big deals favorable to the economy. Among the main export products are machine parts and devices with specific functions such as selecting, sifting, separating, washing, crushing, grinding, mixing or kneading earth, stones or ores. Sales of this machinery totaled US$ 94,4 million in 2021, comprising a rate of 52,6%.

In this scenario, Chile was Brazil's second largest trading partner, which resulted in a total of US$ 15,5 million in 2021. This corresponds to a slice of 78,3% of total Chilean imports in mining and energy.

Meet ABIMAQ and ApexBrasil who made the BMS initiative happen

The Brazilian Association of Machinery and Equipment Industry (ABIMAQ) is an entity responsible for seeking greater strengthening of the mining and energy sector in Brazil, always aiming at advancing the economy. It was founded in 1937 and, since then, it has contributed to bringing more technology, resource training and modernization to Brazilian industries, in addition to the national economy.

As far as it is concerned, the Brazilian Trade and Investment Promotion Agency (ApexBrasil) operates similarly to ABIMAQ, but with a focus on the internationalization of Brazilian industry. The entity aims to attract foreign capital investment and develop the country's commercial promotion and greater visibility of the Brazilian mining and energy sector. In addition, it coordinates efforts to attract foreign direct investment (FDI), ensuring support for potential investors throughout the process.

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