A smaller representation of China in Paraná’s exports list and a greater and more diversified participation of other countries may explain the result of the state’s exports this year, according to information released this week by the Foreign Trade Secretariat, of the Ministry of Economy (Secex). . From January to July, Paraná’s foreign sales totaled US$ 12.6 billion, an accumulated growth of 14% compared to the same period in 2021.
Imports exceeded US$ 12.7 billion, up 35% over the same period last year, resulting in a deficit in the state’s trade balance of around US$ 112 million. The trade flow, which is the sum of imports and exports, stood at US$ 25.4 billion, a value 24% above that registered in the accumulated period from January to July of the previous year.
China remains the main customer of Paraná, but there was a 29% drop in the value sold this year. “In 2021, 32% of the products sold by the state outside the country were mainly destined for the Asian country. This year, they represent 20% of the total sold abroad by the state. China is still a relevant partner, but there has been a significant reduction in exported values. Less dependence on this market and an expansion of negotiations with other countries”, evaluates the economist at the Federation of Industries of Paraná (Fiep), Evânio Felippe.
In 2022, there was an increase of 19% in exports to the United States (which represent 8.3% of the tariff), 25% for Argentina (5.4% of the tariff), 297% for India (3.4 % of the tariff) and 38% for Mexico (3.3% of the tariff). “The considerable growth for India is mainly due to the sales of soy oil, which totaled R$ 378 million”, he justifies.
China is also the main supplier of products to Paraná this year, with a growth of 55% in imported values and a weight of 25% in the state’s agenda. The United States (70%), Germany (8.2%), Paraguay (5%) and Russia (109%) were other countries with an increase in imported values in 2022. Paraná maintained its dependence on the same partners. Of the five countries with the highest relationship with the state, three had increased participation in the agenda so far”, he says.
The expressive rise in imports from Russia, informs the Fiep economist, is mainly due to the purchase of inputs and fertilizers for agribusiness, as the country is a major global player in this segment. “To avoid large price fluctuations in the future, the entrepreneur anticipates, acquires a greater quantity of these products and stocks them so as not to increase expenses”, analyzes Felippe.
Monthly variation and products
In July, exports from Paraná reached US$ 2.0038 billion, a value 6.4% lower than that recorded in June. But 4.3% above July last year. Imports reached US$ 2.0452 billion, 2.4% higher than in the previous month and 34% higher than in the same month of 2021. Thus, the trade balance in July was negative by US$ 41, 4 million.
The most sold products abroad were soybeans, responsible for 30.2% of the state’s total basket; meat (18.5%), wood (7.6%), transport material (7.2%) and sugars and derivatives (3.9%). The industry sectors that most exported were food (37%), wood (8%), automotive (7.8%) and cellulose and paper (7.2%).
More than 95% of Paraná’s imports in July are concentrated in the transformation industry. The activities that most impacted the result were manufacturing of chemical products (40%), oil and derivatives (13.5%), automotive (8.8%) and machinery and equipment (8.5%). Among the items that Paraná bought the most from abroad are chemical products (42% of the total basket), oil and derivatives (14%), transport material (9%), mechanical products (7.7%) and electrical and electronic material. (5.2%).
Every month, Fiep publishes the result of the state’s foreign trade activity. “The industry, due to its capillarity, and characteristic of supporting several other economic activities, has an important weight in the foreign trade activity”, Felippe details. “Almost everything sold outside the country goes through a minimally industrial process. When classifying products, the greater the manufacturing process involved, the greater the value added to the product that will be sold abroad”, explains the economist.
Source: Bem Paraná
