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Brazil’s exports of wood products down 10.4% in September

Staff 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.
Brazil wood products
Trade   Despite the economic and political issues
Imports of wood products totalled $8.7 million in September down just under 1% from the previous month. The corresponding improvement in the wood product trade balance was almost 11% in September 2016, ITTO reported.

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.