In February, 36,400 light vehicles, trucks and buses were exported – up 16.7% on the corresponding period in 2015 and up 53.1% on January. For the first two months of this year, a total of 60,300 units were exported, up 26.8% on 2015.
In contrast, export of agricultural vehicles declined. In February, 505 units were shipped, compared to 829 units in February 2015. In January, 327 units were exported, giving a total for the first two months of 832 units – down 39.8% compared to the same period last year.
The increase in finished vehicle exports is at least partly explained by a number of international automotive agreements Brazil has signed recently. These include deals with Argentina and Mexico which have led to respective increases of 164% and 101%.
Brazil is currently looking to increase trade in finished vehicles and automotive parts with neighbouring countries, in a move away from its earlier protectionist stance.
However, Anfavea also reported that just 131,300 vehicles were built in Brazil in February – down 12.5% on January and down 36.4% on February last year. In the first two months of this year, Brazil has produced 284,400 units, a decrease of 31.6% compared to 2015.
The recent drop in production and sales follows a poor performance last year. Light vehicles sales and production in 2015 dropped 25.6% compared to 2014 (according to Fenabrave – the National Federation of Automotive Distributors), while heavy commercial vehicles sales fell by around 40%.