Tag: domestic market

• Saturday, October 31st 2020 - 17:21 UTC

  Brazil purchasing soybeans from the United States for the domestic market

  

  Bloomberg has reported that the United States began selling soybeans to Brazil after the Chamber of Foreign Trade (CAMEX) temporarily suspended import tariffs for corn and soybeans. This is a rare event that can be explained because Brazil has taken the lead in the production and export of the oilseed.

• Friday, April 5th 2019 - 09:33 UTC

  Brazil automakers confident of domestic market despite collapse of exports to Argentina

  

  Automobile production in Brazil fell 0.6% in the first quarter of 2019 compared to the same period last year, the national automakers’ association said on Thursday, as an economic crisis in Argentina continued to weigh on output.

• Wednesday, January 9th 2019 - 08:45 UTC

  Domestic car sales in Brazilian domestic market in line with expectations

  

  Car and light truck sales in Brazil went up 13.6% in 2018 from the previous year, cementing the industry’s gradual recovery from a deep recession. Brazil was one of the world’s five biggest auto markets until a recent downturn and, despite last year’s growth, numbers remain lower than at their peak in 2012.

• Wednesday, August 10th 2011 - 18:11 UTC

  Brazil, as in 2008, will boost domestic market to cushion impact of global crisis

  

  For the second time in a week Brazilian president Dilma Rousseff said the country was prepared for the global financial turbulence, but said a strengthened domestic market was crucial to overcome the tough times ahead.