Post on 04-Apr-2020
BRAZILIANINDUSTRY IN
FIGURESDecember/2019
yy
Main industrial indicators
1. Industry performance (short-term indicators)
Source: Ministry of EconomyNote: Classification by type of commodity (aggregate factor) based on the Common Nomenclature of Mercosur (NCM)
VariableOct19/Sep19
(%) seasonally adjusted
Oct19/Oct18 (%)
Accumulated rate in the last 12 months; until October (%)
Physical Production₁ 0.8 1.0 -1.3
Real Sales₂ 1.3 3.5 -1.3
Employment₂ 0.0 -0.3 -0.2
Source: IBGE and CNI1 Mining and quarrying and Manufacturing; 2 Manufacturing
Variable Oct/19 Sep/19 Oct/18
Capacity utilization1
Seasonally adjusted, average percentage 78.0% 77.9% 77.5%
Actual-usual capacity utilization2,3 Index 46.4 42.9 45.9
Actual-planned inventories2,4
Index 51.1 51.4 50.8
Source: CNI 1 Manufacturing; 2 Mining and quarrying and Manufacturing; 3 The indicator varies in the 0-100 interval. Figures under 50 points indicate idleness of industrial facilities; 4 The indicator varies in the 0-100 interval. Figures above 50 points indicate that actual inventory is above planned levels.
Variable Value Nov/19
Value Oct/19
Accumulated value in the last 12 months;
until November
Exports of manufactured products US Dollar (Millions), F.O.B 6,271 6,193 78,400
Imports of manufactured products US Dollar (Millions), F.O.B 12,185 15,031 151,735
Manufactured products trade balance US Dollar (Millions), F.O.B 5,914 8,838 73,335
Source: CNINote: 1 Mining and quarrying, Manufacturing and Construction; 2 The indicator varies in the 0-100 interval. Figures above 50 points indicate that entrepreneurs are confident.
Industrial physical production - Monthly variation Growth rate compared to the immediately previous month (%) - seasonally adjusted
Source: IBGENote: Mining and quarrying and Manufacturing
Business Confidence Index
30
35
40
45
50
55
60
65
70
Apr/13 Oct/13 Apr/14 Oct/14 Apr/15 Oct/15 Apr/16 Oct/16 Apr/17 Oct/17 Apr/18 Oct/18 Apr/19 Oct/19
63.2(Nov/18)
55.4(Apr/13)
62.5(Nov/19)
0.6 0.80.6
12.6
1.20.3 0.30.2
-15.0
-10.0
-5.0
0.0
5.0
10.0
15.0
Jun/18 Aug/18 Oct/18 Dec/18 Feb/19 Apr/19 Jun/19 Aug/19 Oct/19
0.0 0.0
-1.1-2.4
-0.1 -0.5 -1.3 -0.6 -0.2
Source: IBGE
Sectoral physical production - Monthly variation - Manufacturing October compared to September (%) - seasonally adjusted
Wood products
Leather and footwear
-5.6
-3.4
-3.2
-2.1
-1.9
-1.5
-1.3
-0.6
-0.6
0.0
0.0
0.3
0.8
1.4
1.6
1.8
2.4
3.4
4.7
4.9
8.5
11.2
15.3
Furniture
Wearing apparel
Basic metals
Coke, refined petroleum products and biofuel
Cleaning and perfumes preparations
Textiles
Computers, electronics and opticals products
Rubber and plastic products
Motor vehicles, trailers and semi-trailers
Metal products
MANUFACTURING
Machinery and equipment
Beverages
Non-metallic mineral products
Pulp and Paper
Food
Other transport equipment
Electrical equipment
Tobacco
Pharmaceutical chemicals and pharmaceuticals
Printing and reproduction
1.11.6 1.6
2.7 2.7
3.84.2
3.9 3.9
-0.1 -0.1
-1.4-1.1
1.1
2.0
-0.8 -0.8
0.8
II III IV I II I IIIII IV
2017 2018 2019Costs Prices
Source: CNI and FGVNote: 1 Manufacturing; 2 Seasonally adjusted.
GDP and its components
Source: IBGE1 Public Utility Industrial Services. It refers to electricity, gas, water supply, sewerage and other related services.
Industrial prices and costs - Quarterly variationGrowth rate compared to the immediately previous quarter (%)
Components
Growth rate compared to the immediate previous quarter - seasonally adjusted (%) Growth rate on the last 4
quarters, until 2019-III2019-I 2019-II 2019-III
GDP 0.0 0.5 0.6 1.0
Industry -0.4 0.7 0.8 0.0
Manufacturing -0.1 1.8 -1.0 -0.5
Mining and quarrying -6.1 -3.1 12.0 -0.9 SIUP₁ 0.9 -1.1 -0.9 3.4
Construction 0.0 2.4 1.3 0.4
Agriculture 1.8 -0.5 1.3 2.0
Services 0.3 0.2 0.4 1.1
20
25
30
35
40
45
50
1947
1949
1951
1953
1955
1957
1959
1961
1963
1965
1967
1969
1971
1973
1975
1977
1979
1981
1983
1985
1987
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
2013
2015
2017
Evolution of industry’s share in GDP - 1947-2018 (%)
Source: IBGE
2. Industry Profile
ActivityGDP Employment Total payroll
2008 2018 2008 2018 2008 2018
INDUSTRY 27.3 21.2 24.1 20.2 24.8 19.6
Mining and quarrying 3.8 2.9 0.5 0.5 1.4 1.0
Manufacturing 16.5 11.4 17.5 14.5 17.4 13.8
SIUP1 2.6 3.0 1.0 1.0 1.8 1.6
Construction 4.4 3.9 5.0 4.2 4.2 3.3
2.1 The importance of industry in Brazil
Source: IBGE and RAIS/Ministry of Economy.1 Public Utility Industrial Services. It refers to electricity, gas, water supply, sewerage and other related services.
Share in GDP, employment and total payroll
27.3(2008)
21.2(2018)
Source: IBGENote: Mining and quarrying, Manufacturing, Construction and Public Utility Industrial Services.
40
50
60
70
80
90
100
110
120
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
40.0%
45.0%
50.0%
55.0%
60.0%
65.0%
70.0%
75.0%
80.0%
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
97.2(2008)
108.7(2018)
Evolution of labor productivity - Manufacturing - 1992-2018(output/hours worked) - (Index, 2010 = 100)
2.2 Labor productivity
Source: CNI
Average annual growthLast decade
2008-2018 1.1%2008-2013 0.8%2013-2018 1.4%
Share¹ of industry in total exports of goods and services - 2008 to 2018 (%)
Source: CNI, based on Funcex and Central Bank of Brazil dataNote: 1 Since June/2019 edition, Industry goods and services exports are considered based on sector of production (CNAE 2.0) instead of kind of commodity (aggregate factor, based on NCM). Industry exports correspond to Mining and quarrying, Manufacturing and Construction exports.
77.0(2008)
68.7(2015)
70.8(2018)
Food19%
Coke, refined petroleum products
and biofuel11%
Chemicals9%
Motor vehicles, trailers and semi-
trailers7%
Basic metals6%
Other sectors49%
Coke, refined petroleum products and biofuel
15%
Motor vehicles, trailers and
semi-trailers10%
Food10%
Basic metals10%Chemicals
8%
Other sectors47%
CountriesGDP Employment Exports of goods and services1
2008 2018 2008 2018 2008 2018
Argentina 26.3 23.1 24.0 22.4 68.9 64.4
Brazil 27.3 21.2 24.1 20.2 77.0 70.8
China 47.0 40.7 26.9 28.6 91.7 90.9
South Korea 32.7 35.1 25.5 25.0 84.8 87.8
United States 21.0 18.6 21.5 19.4 64.5 61.5
India 31.1 27.0 21.0 24.7 57.5 56.6
Mexico 34.8 31.2 25.6 26.0 91.3 90.4
Russian Federation 30.8 32.1 29.0 26.9 88.8 84.3
2.4 International Comparison - Brazil and selected countriesIndustry’s share in GDP, employment and goods and services exports (%)
Source: IBGE
2.3 Sectoral dynamicShare in manufacturing’s value of industrial transformation: five main sectors
2007 2017
English version of “Indústria em Números, Dezembro 2019”. Monthly publication of the National Confederation of Industry - CNI Research and Competitiveness Unit - GPCEconomic Policy Unit - PEC www.cni.com.br
Source: The World Bank, IBGE, Ministry of Economy, OECD, Central Bank of Brazil, Funcex and Bureau of Economic AnalysisNote: 1 The sources for exports of goods are OECD and Funcex. For the exports of services are Central Bank of Brazil and UNCTADstat.