The year 2016 in Brazil began with a very turbulent political and economic environment. Many denunciations have been reported to the Brazilian Federal Court, involving both the President and Ex-President’s party and members of the National Congress. All these events have been causing a very unstable business environment – effectively producing an inflation and a recession at the same time. Companies and customers have been careful; few companies are risking investing, unemployment is increasing rapidly; and people have not been consuming as they had been before. But export can be the way out of the crisis for the installed industries.
- 28% of the enterprises which answered the survey on this subject have exported over the last 12 months. 57% of them intend to increase their volumes.
- The main sectors willing to expand are Machinery and Equipment, Textile, and Nonmetallic Minerals. Other sectors which intend to expand, but in a lower level, are Pulp and Paper and Mineral Extraction.
- 48% of the respondents have not exported over the last 12 months. 13% of them intend to export from now on.
- The main sectors new to export are Electrical Appliances and Materials and Household, Hygiene, Personal Care and Perfume. In a shorter term forecast there are Leather, Apparel, and Printing sectors.