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(608) 267-4417

Central Building Location:
201 W. Washington Ave.
Madison, WI 53703
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Mailing Address:
P.O. Box 7970
Madison, WI 53707-7970

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Scott Walker
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IMPORTANT: As of July 1st, 2011, functions once performed by the Wisconsin Department of Commerce have been moved to other state agencies and the Wisconsin Economic Development Corporation. The former Commerce web site will continue to exist for the next several months as resources are moved to new web site locations. We will make every attempt possible to direct our users to the new locations as web resources are moved.

Division of Investment and Export
PO Box 7970
Madison, WI 53707-7970
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Vol. 7 #5, May 2008

Brazilian Purchases of Capital Goods Boost Imports
Brazil’s imports are growing faster than the country’s exports in part because Brazilian manufacturers are making major purchases of machinery and equipment.  According to the Foreign Trade secretary at the Ministry of Development, Mr. Welber Barral, Brazilian industry is benefiting from the falling value of the U.S. dollar, currently worth approximately 1.70 Brazilian real, by expanding production capacity.   The Ministry of Development reported that purchases of capital goods increased 69.7% in March 2008 compared with March 2007, up from US$ 91.2 million to US$ 154.7 million. During the same period, total imports rose by 33.2%.

To learn how your firm can take advantage of the booming Brazilian market, contact Commerce’s Latin America Specialist, Ms. Susan Dragotta, susan.dragotta@wisconsin.gov, (262) 691-5147.