Brazil’s Machinery and Equipment Industry Sees Growth in Domestic Sales, but Exports Decline in Q1

The Brazilian machinery and equipment sector recorded a total sales revenue of BRL 67.5 billion in the first three months of the year, a 15.2% increase compared to the same period in 2024.

According to data released by Abimaq (Brazilian Machinery and Equipment Industry Association), domestic sales reached BRL 51.6 billion — an 18% rise — driving a strong first-half performance. However, the association warns of potential challenges in the year’s second half due to monetary tightening and a more adverse macroeconomic environment.

Exports from the sector fell by 5.8% in the first quarter, totaling USD 2.7 billion. There was a sharp decline in shipments to North America, with exports dropping by 30.2% to the United States, 30% to Mexico, and 27.2% to Canada. In contrast, exports to Europe and South America rose by 16.1% and 12.9%, respectively, with Argentina standing out for a 59.3% increase in agricultural and construction machinery imports. China also emerged as a key destination, with a 203.1% surge in imports from Brazil, making it the country’s sixth-largest export market for the sector.

Imports of machinery and equipment rose by 12.9%, reaching USD 7.8 billion during the same period. China solidified its position as Brazil’s top supplier, accounting for 34% of the market, surpassing both the United States and Germany. Abimaq noted that this trend reflects a long-term shift, reinforcing China’s growing influence in the global capital goods market.

Source: Brasil em Folhas

Sharing is caring!