Industrial exports to Brazil could grow by up to 60% by 2021

Despite the drop in exports during November, which fell by 17% compared to October, forecasts indicate that Brazil’s accelerated recovery will increase industrial shipments during 2021. Due to a rise in consumption in the neighbouring country, sales expected to grow by 22% on average—the expansion expected to be led by vehicles and auto parts which could reach 60% year-on-year growth.

Source: Ámbito