Economy

Brazilian exports must have fall in 2014

Forecast was announced by AEB.

Brazil Agency
18/12/2013 12:26
Brazilian exports must have fall in 2014 Imagem: Tecon Salvador/ Rodrigo Tagliaro Visualizações: 1435 (0) (0) (0) (0)

 

According to forecast released today (17), in Rio de Janeiro, by the Association of Foreign Trade of Brazil (AEB), Brazilian exports should have fall in 2014, as well as imports. The entity estimates that sales of Brazil abroad next year are expected to reach US$ 239.053 billion, showing a decline of 0.4 % from the expected to the year 2013 closed at $ 239.904 billion exports.
For imports, the projected fall is between 3.1% forecast of U.S. $ 231.830 billion in 2014 and expected outcome this year, US$ 239.200 billion. The surplus in 2014, although small (US$ 7.223 billion ), will be 926 % above the $ 704 million expected for this year.
"All commodities are the prices low. This fall [of exports] will not only be higher because there is an expectation that, in 2014, the amount of oil exported by Petrobras 50% increase. This is going to compensate for the fall, "said AEB president, José Augusto de Castro, in an interview with 'Brazil Agency'. Without this factor, he warns that the Brazilian foreign trade would experience a trade deficit next year.
Compared to the revision made last July, the figures provided by AEB now reveal to increase Brazilian exports this year (US$ 230.511 billion, projected in July to US.$ 239.904 billion today). The same occurred in relation to imports. The revision made in July pointed exports to Brazil of U.S. $ 232.519 billion, against US$ 239.200 billion forecast on Tuesday (17).
José Augusto de Castro noted that in July this year, the AEB projected a trade deficit of around US$ 2 billion in Brazilian rock, that only "will not occur because the value of oil platforms that were exported this year 's record in all times, on the order of $6.5 billion." If not for this reason, the country would experience a trade deficit, Castro assured.
Assessed that Brazil will remain a commodity exporter in 2014. There, he said, chance to reverse this scenario in the short term. For that he must reduce the cost of logistics. "This will take at least three years to begin to get results".
Tax reform, reduced labor costs, reduced bureaucracy, are other measures that require a period of two to three to show results, "since they begin to be deployed now. Because, unfortunately, we will continue to depend on commodities (agricultural and mineral products sold on the international market)", he said.

According to forecast released today (17), in Rio de Janeiro, by the Association of Foreign Trade of Brazil (AEB), Brazilian exports should have fall in 2014, as well as imports. The entity estimates that sales of Brazil abroad next year are expected to reach US$ 239.053 billion, showing a decline of 0.4 % from the expected to the year 2013 closed at $ 239.904 billion exports.

For imports, the projected fall is between 3.1% forecast of U.S. $ 231.830 billion in 2014 and expected outcome this year, US$ 239.200 billion. The surplus in 2014, although small (US$ 7.223 billion ), will be 926 % above the $ 704 million expected for this year.

"All commodities are the prices low. This fall [of exports] will not only be higher because there is an expectation that, in 2014, the amount of oil exported by Petrobras 50% increase. This is going to compensate for the fall, "said AEB president, José Augusto de Castro, in an interview with 'Brazil Agency'. Without this factor, he warns that the Brazilian foreign trade would experience a trade deficit next year.

Compared to the revision made last July, the figures provided by AEB now reveal to increase Brazilian exports this year (US$ 230.511 billion, projected in July to US.$ 239.904 billion today). The same occurred in relation to imports. The revision made in July pointed exports to Brazil of U.S. $ 232.519 billion, against US$ 239.200 billion forecast on Tuesday (17).

José Augusto de Castro noted that in July this year, the AEB projected a trade deficit of around US$ 2 billion in Brazilian rock, that only "will not occur because the value of oil platforms that were exported this year 's record in all times, on the order of $6.5 billion." If not for this reason, the country would experience a trade deficit, Castro assured.

Assessed that Brazil will remain a commodity exporter in 2014. There, he said, chance to reverse this scenario in the short term. For that he must reduce the cost of logistics. "This will take at least three years to begin to get results".

Tax reform, reduced labor costs, reduced bureaucracy, are other measures that require a period of two to three to show results, "since they begin to be deployed now. Because, unfortunately, we will continue to depend on commodities (agricultural and mineral products sold on the international market)", he said.

Most Read Today
see see
ROG.e 2026
Camorim invests R$ 250 million in 2026 to expand fleet a...
18/09/26
ROG.e 2026
Firjan SENAI SESI Presents New Technologies at ROG.e Dev...
18/09/26
ADIPEC 2026
ADIPEC 2026 to mobilise investment in resilient, intelli...
18/09/26
Acquisition
CoreMarine takes a decisive step to expand its offshore ...
17/09/26
ROG.e 2026
M&O and Belga Marine to Showcase Global Energy and Offsh...
17/09/26
26th WPC
WPC ENERGY announces the theme, date and location for it...
16/09/26
New Contracts
Petrobras awards Strohm a contract to supply thermoplast...
15/09/26
ROG.e 2026
Equinor Celebrates 25 Years in Brazil and Showcases Its ...
15/09/26
ROG.e 2026
Sindicom to Host Lubricants Arena at ROG.e 2026
15/09/26
ROG.e 2026
ROG.e 2026 Expected to Generate R$ 593 Million for Rio d...
14/09/26
ABPIP
Independent Producers Propose Nine Measures for the Next...
14/09/26
Products and Services
RiverTough Bearings and Seals
05/09/26
International Company News
OES Group Returns to Private Ownership Following Managem...
31/08/26
Pre-Salt
Petrobras platforms P-80 and P-82, which will operate in...
31/08/26
Royalties
Values related to June production were distributed to st...
27/08/26
People
bp appoints Felipe Arbelaez head of country for Brazil
27/08/26
ROG.e 2026
ROG.e 2026 brings global leaders together to discuss the...
26/08/26
Pre-Salt
Búzios field sets monthly and daily natural gas export r...
26/08/26
Navalshore
Firjan SENAI presents the Supplier Opportunities Network...
17/08/26
Equatorial Margin
Morpho Well: Petrobras discovers hydrocarbons in ultra-d...
15/08/26
Power Generation
Campo Grande hosts four days of debates on bioenergy and...
12/08/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.