Brazilian motorcycle exports drop 4.4% YTD with increases expected ahead

Motorcycle exports fell by 4.4% in the first half of the year, with the shipment of 25,115 units to foreign markets compared to 22,260 units in the same period in 2021. In June alone, 4,592 motorcycles were exported, a retraction of 23.3% from the 5,990 units registered in May.

In comparison with the same month last year, sales increased by 4.2%, with 4,409 motorcycles shipped to other countries. The data was published on July 12th by the Brazilian Association of Manufacturers of Motorcycles, Mopeds, Scooters, Bicycles, and similar products (Abraciclo). The expectation for the whole year is that Brazil will ship 56,000 motorcycles, which corresponds to an increase of 4.7% compared to the 53,476 units exported in 2021.

According to research conducted by the foreign trade data portal Comex Stat, which tracks total monthly shipments, the three markets to which the industry most redirected motorcycle exports were Colombia (6,996 motorcycles, 28.9% of the total volume exported), Argentina (6,185 units, 25.5%) and the United States (4,656 motorcycles, 19.2%).

On the other hand, motorcycle production reached 671,293 units in the first half of 2022, 18% more than the 568,863 produced in the same period last year, according to the entity.

In June, 101,695 motorcycles were produced, a 21.6% decrease from May, when the same facilities made 129,781 units, and a 3.6% decrease from the same month of the previous year when total output was 105,450 motorcycles.

Source: Comex do Brasil

To read the full original article, please go to: https://www.comexdobrasil.com/vendas-externas-de-motocicletas-acumulam-queda-de-44-no-1o-semestre-e-abraciclo-projeta-alta-de-47-nas-exportacoes-em-2022/

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