Trade Openness Indicators
The trade openness indicators make it possible to analyze the extent to which the Brazilian economy is integrated into the global economy. They measure, for example, the importance of foreign sales for Brazilian industry and the share of imports in Brazil’s domestic consumption. These are annual indicators that are compiled based on statistics of the Brazilian Institute for Geography and Statistics (IBGE) and the Secretariat of Foreign Trade in the Brazilian Ministry of Development, Industry and Foreign Trade (Secex/MDIC). The historical series starts in 1996. The publication is the result of a partnership between CNI and the Foundation Center for Foreign Trade Studies (FUNCEX).
Importance of foreign markets to the manufacturing industry grows significantly
The foreign market becomes more important for the Brazilian manufacturing industry. In 2022, the Export Coefficient registered growth, after remaining practically unchanged in 2019 and 2021.
November 9, 2023