Brazil's machinery exports climb in August
Brazil's industrial machinery and equipment exports rose 24.7% year-on-year to US$696mn in August, paper Valor Econômico reported, citing data from industry association Abimaq.
Machinery imports dived 24.6% to US$1.2bn in the month, the association said.
The resulting trade deficit of US$502mn was down 51.3% on a year ago.
The industry's capacity utilization rate reached 66.5% in January-August, 2.1 percentage points lower than a year before, Abimaq said.
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News in: Mining & Metals (Brazil)
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