INDUSTRY IN FIGURES June/2018
1. Industry performance (short-term indicators) Main industrial indicators Variable Apr18/Mar18 (%) seasonally adjusted Apr18/Apr17 (%) Accumulated rate in the last 12 months; until April (%) Physical Production ₁ 0.8 8.9 3.9 Real Sales ₂ 1.5 12.2 4.6 Employment ₂ 0.1 1.4-1.1 and CNI 1 General industry (Includes Mining and quarrying and Manufacturing); 2 Manufacturing Variable Apr/18 Mar/18 Apr/17 Capacity utilization 1 Seasonally adjusted, average percentage Actual-usual capacity utilization 2,3 Index 78.1% 78.2% 76.5% 43.0 43.9 36.6 Actual-planned inventories 2,4 Index 50.4 50.6 50.4 Source: CNI 1 Manufacturing; 2 General industry(includes 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 May/18 Value Apr/18 Accumulated value in the last 12 months; until May Exports of manufactured goods US Dollar (Millions), F.O.B Imports of manufactured goods US Dollar (Millions), F.O.B Manufactured goods trade balance US Dollar (Millions), F.O.B 5,425 6,856 83,185 11,134 11,736 137,434-5,709-4,880-54,249 Source: MDIC
Business Confidence Index 70 65 60 55 50 54.6 (Oct/11) 53.7 (May/17) 55.5 (May/18) 45 40 35 30 Oct-11 Apr-12 Oct-12 Apr-13 Oct-13 Apr-14 Oct-14 Apr-15 Oct-15 Apr-16 Oct-16 Apr-17 Oct-17 Apr-18 Source: CNI Note: 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 4.0 3.0 2.9 2.0 1.7 1.5 1.0 0.0 1.1 0.6 0.6 1.0 0.5 0.5 0.0 0.8 0.1 0.8-1.0-0.5-2.0-3.0-2.5 Dec-16 Feb-17 Apr-17 Jun-17 Aug-17 Oct-17 Dec-17 Feb-18 Apr-18-2.1 Note: General industry (Includes Mining and quarrying and Manufacturing)
Sectoral physical production - Monthly variation - Manufacturing April compared to March (%) - seasonally adjusted Other transport equipment Coke, refined petroleum products and biofuel Motor vehicles, trailers and semi-trailers Pharmaceutical chemicals and pharmaceuticals Wood products Beverages Metal products Food Wearing apparel Basic metals MANUFACTURING Furniture Printing and reproduction -0.3-1.5-2.0-2.3-3.1-4.0-7.3 14.0 5.2 4.7 4.5 3.4 2.7 2.1 1.4 1.1 1.0 0.8 0.3 0.0 Pulp and Paper Non-metallic mineral products Tobacco Electrical equipment Textiles Rubber and plastics products Leather and footwear Machinery and equipment Computers, electronics and opticals products Cleaning and perfumes preparations
Industrial prices and costs - Quarterly variation Growth rate compared to the immediate previous quarter - seasonally adjusted (%) 3.8 4.3 2.7 2.2 1.5 1.1 1.0 1.6 0.5 0.5 0.4 0.5 0.2-0.2-0.8-0.8-1.4 IV I II III IV I II III IV 2015 2016 2017 Source: CNI and FGV Note: Manufacturing Costs Prices GDP and its components Components Growth rate compared to the immediate previous quarter - seasonally adjusted (%) Growth rate on the last 4 quarters, until 2018-I 2017-III 2017-IV 2018-I GDP 0.3 0.2 0.4 1.3 Industry 1.0 0.7 0.1 0.6 Manufacturing 1.4 1.9-0.4 2.8 Mining and quarrying 0.0-1.0 0.6 1.6 SIUP ₁ 0.1 0.1 2.1 0.1 Construction 0.2 0.1-0.6-3.9 Agriculture -1.8 1.4 6.1 Services 0.5 0.1 0.1 1.0 1 Public Utility Industrial Services. It refers to electricity, gas, water supply, sewerage and other related services.
2. Industry Profile 2.1 The importance of industry in Brazil Industry s share (%) Activity GDP Employment Total payroll 2007 2017 2006 2016 2006 2016 INDUSTRY 27.1 21.5 24.2 21.2 24.6 21.0 Mining and quarrying 3.0 1.8 0.5 0.5 1.2 1.1 Manufacturing 16.6 11.8 18.8 15.5 18.5 14.9 SIUP 1 3.0 2.7 1.0 0.9 1.9 1.6 Construction 4.6 5.2 4.0 4.3 3.1 3.5 and RAIS/Ministry of Labour. 1 Public Utility Industrial Services. It refers to electricity, gas, water supply, sewerage and other related services. Evolution of industry s share in GDP - 1947-2017 (%) 50 45 40 35 30 27.1 (2007) 25 21.5 (2017) 20 1947 1950 1953 1956 1959 1962 1965 1968 1971 1974 1977 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007 2010 2013 2016
Evolution of manufactured products share in Brazilian exports - 1974-2017 (%) 65 60 55 52.3 (2007) 50 45 40 35 30 25 20 Trade balance (in USD billion) 2007 2017-9.2-47.7 36.9 (2017) 120 110 100 90 80 70 60 50 40 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 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 Source: Funcex 2.2 Labor productivity Evolution of labor productivity - Manufacturing - 1992-2017 (output/hours worked) - (Index, 2010 = 100) 99.4 (2007) 107.6 (2017) Average annual growth Last decade 2007-2017 0.8% 2007-2012 % 2012-2017 1.7% Source: CNI
2.3 Sectoral dynamic Share in manufacturing s value of industrial transformation: five main sectors 2005 2015 Other sectors 41% Food and beverages 17% Coke, refined petroleum products and biofuel 13% Other sectors 41% Food and beverages 23% Chemicals 12% Motor vehicles, trailers and semi-trailers 9% Basic metals 9% Chemicals 11% Basic metals 6% Motor vehicles, trailers and semi-trailers 7% Coke, refined petroleum products and biofuel 11% 2.4 International Comparison - Brazil and selected countries Industry s share (%) Countries GDP Employment Exports 2006 2016 2006 2016 2006 2016 Argentina 34.4 26.7 23.8 24.8 32.2 26.6 Brazil 27.7 21.2 24.2 21.2 54.4 39.9 China 47.6 39.8 22.5 23.9 92.4 93.7 South Korea 36.9 38.6 26.3 24.9 89.5 90.1 United States 22.3 20.0 a 20.3 17.2 79.2 63.4 India 34.4 28.8 19.8 24.3 66.3 73.1 Mexico 36.4 32.7 26.0 25.2 76.0 83.0 Russian Federation 37.2 32.4 29.3 27.3 16.5 21.8 Source: The World Bank, IBGE, RAIS/Ministry of Labour and FUNCEX a - 2015 English version of Indústria em Números, Junho 2018. Monthly publication of the National Confederation of Industry - CNI Research and Competitiveness Unit - GPC Economic Policy Unit - PEC www.cni.com.br