Brazil’s exports of wood products down 10.4% in SeptemberStaff Writer | December 7, 2016
Brazil’s exports of all wood products amounted to $201.4 million in September 2016 representing a 10.4% decline compared to a month earlier.
Trade Despite the economic and political issues
Between January to September 2016 wood product exports totalled $1,742.5 million up 0.4% year on year.
Imports over the same period totalled $74.1 million and were 16% lower compared to the same period in 2015.
Despite the economic and political issues Brazil is facing exports values and the accumulated trade balance in 2016 are contributing to a recovery.
According to ABIMCI it is the decline in domestic building and construction that is hurting companies focused on domestic sales while the stronger U.S. dollar has helped exporters. ■