Brazil: Bento Gonçalves exports continue to increase

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ITTO/Fordaq
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Export earnings by the Bento Gonçalves' furniture cluster rose 13% between January and August this year compared to the same period of 2018. This performance surpassed the results of the furniture industry of the state of Rio Grande do Sul and Brazil as a whole.

According to the Ministry of Economy/Foreign Trade Secretariat (SECEX), local companies exported US$29 million in the first eight months of 2019.

The main buyers of furniture manufactured in the Bento Gonçalves furniture cluster were Uruguay, followed by the United States, Saudi Arabia, Chile, Colombia, Mexico, Panama, Paraguay and Peru. It is noteworthy that the US went from the 4th main buyer to 2nd place, and the United Kingdom, which was not even among the top 10 destinations, now ranks 6th.

The Bento Gonçalves furniture cluster increased its exports by 13% compared to a growth of only 2.5% in Rio Grande do Sul State exports.

The Bento Gonçalves Furniture Industry Union (Sindmóveis) estimates that furniture exports will increase in the coming months.

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