According to the National Federation of Industry (CNI), there was a strong and widespread surge in activity last month from February.
The Brazilian mining company’s pelletizing plant in Sohar produced 2.4 million tons from January to March, down 3.7% from the last quarter of last year.
Foreign sales from Brazil reached 17,400 units in the first quarter, a relevant increase over the comparable period in 2016. Whole-year exports are seen reaching 93,000 motorcycles.
Industrial production increased 0.1% in February over January, with growth being registered in nine of 14 areas surveyed by the Brazilian Institute of Geography and Statistics (IBGE).
Brazilian industry shipped 172.700 units abroad in Q1, the biggest amount ever. Export volume in March was also an all-time high at 68,500 units sold.
According to the Brazilian Institute of Geography and Statistics (IBGE), output was up marginally at 0.1% in February from January, and up 0.3% in the first two months of the year combined.
Industry association Abimaq reported that revenue from foreign sales reached USD 607.23 million in February, a 4.2% increase over February 2016.
The Arab country’s industry shipped USD 6 billion worth of products last year, but it could see as much as USD 10 billion come 2020.
Survey by Fundação Getulio Vargas registered a 2.9 points increase to 90.7 points, the best result since May 2014.
The Federation of Muslim Associations in Brazil (Fambras) reported a 12% increase last year. For the federation’s president, Mohamed El Zoghbi, there’s a continuous demand for Brazilian products in the Arab countries.
Eighteen member companies of the sector’s association attended the AEEDC in the United Arab Emirates in February. They made over USD 1.3 million in sales during the event.
Nationwide activity eased by 0.1% in January from December according to the Brazilian Institute of Geography and Statistics (IBGE), although there were increments in nine out of 14 regions surveyed.