Abimak reported that in the first four months of 2026, net sales in the sector were as much as 12 percent lower at $16.4 billion compared to the same period in 2025.
Due to the lower figures, Abimaq lowered the sector's sales estimate for 2026 to a 2.3 percent decline, compared with the previous estimate of a 0.7 percent increase, given the economic situation, which the sector considers "challenging."
Abimaq President Jose Velloso said the outlook for this year is negative, citing persistently high interest rates, no signs of rate cuts, the ongoing war in Iran, and an election program that assumes the federal government will not cut spending.
In Brazil's domestic market, revenue from machinery and equipment sales in April fell by 26.6 percent from a year earlier to $2.8 billion, reflecting mainly lower demand from agriculture and manufacturing.
Exports, however, rose 42.7 percent year-on-year to $1.47 billion in April and were up 43.1 percent from the same period last year. March.
Abimaq publishes data on sales in the domestic market in Brazilian real (BRL), converted here into US dollars at the rate of 5.05 BRL/USD.
