The National Union of Vehicle Manufacturers reported on Wednesday, January 10th, that the total exports of Brazilian-made vehicles reached 403.9 thousand units in the year 2023. This is considered lower compared to the 480.9 thousand units exported in the year 2022.
This total includes recreational cars, light commercial vehicles, trucks, and buses.
In the year 2023, there was a decrease in vehicle production: a decrease of 1.9% compared to the year 2022, reaching a total of 2.324 million units (the above image shows the loading of vehicles at the Paranagua Port in the state of Parana).
When talking about vehicle categories separately, the commercial light vehicle category witnessed the largest increase in exports in 2023 compared to 2022. The expansion was at a rate of 15.4% with a cumulative volume of 73.8 thousand.
On the other hand, recreational vehicles experienced a decrease in their exports by 20.2% to a total of 308.2 thousand units. As for trucks, the decrease was 32.9% with a total of 16.9 thousand units.
Buses, on the other hand, saw a decrease of 6.7% with a total of 4.974 units.
The president of the Brazilian National Association of Automobile Manufacturers, Marcio Lima, confirmed that car exports to Mexico have increased by 51% compared to last year, reaching a total of 135.7 thousand units. This is the first time that Mexico has surpassed Argentina as a major destination for exports in this sector.
Lima also mentioned that there is uncertainty surrounding the economies of countries that are major partners in the Brazilian vehicle sector, such as Colombia and Chile. Lima says, “We do not have a clear scenario of how exports will perform in 2024, and we will evaluate every three months.
” Forecasts indicate that exports to Argentina will decrease by 20% to 25% compared to 2023, a year that saw a 16% decrease in exports compared to 2022, with a total of 114.5 thousand units.
Lima added that forecasts indicate further growth in sales to Mexico, a country with which Brazil has import and export agreements, as well as to Chile and Colombia.
(anba)
