Revenue from the electro-electronic industry should end 2019 at R$154 (US$37) billion. According to the Brazilian Association of the Electrical and Electronic Industry (Abinee), despite the nominal growth of five percent compared to 2018 (R$146.1 billion), there was no real increase, since inflation in the sector, according to the Producer Price Index (IPP), also closed the year at five percent. Exports shrank five percent in 2019, from US$ 5.9 billion to US$ 5.6 billion. Imports rose one percent from US$ 31.8 billion in 2018 to US$ 31.9 billion this year.
Source: The Rio Times