Brazil's participation in world industrial production falls to 16th position.

Brazil's share of global industrial production fell from 1.24% in 2018 to 1.19% in 2019. The data is from the Performance of Industry in the World, a study published by cni (National Confederation of Industry).
According to the entity, the country's participation is on a downward trajectory since 2009 and, with the new downturn, the national industry maintains a loss of relevance in the global scenario and has occupied the 16th position in the ranking.
According to the figures, until 2014, Brazil was among the ten largest producers in the world ranking. Between 2015 and 2019, the country lost its position to industries in Mexico, Indonesia, Russia, Taiwan, Turkey and Spain.
The study shows that the export performance of the Brazilian manufacturing industry also portrays loss of competitiveness. According to cni's estimate, the national share of exports should be 0.82% in 2019, equal to the lowest level in the historical series, recorded in 1999.
In 2018, the national share of exports was 0.88% and the country ranked 30th in the global ranking." The scenario makes it even more urgent to approve reforms and legislation that unlock the Brazilian economy and increase the competitiveness of the national industry. These are the cases of tax reform, the new gas law and the strengthening of investments in research and development", says the president of cni, Robson Braga de Andrade.
This loss of the participation of the national manufacturing industry in the world scenario occurred even in an environment of depreciation of the real, which should stimulate exports, cni points out. The entity points among the obstacles to a better performance of external sales volatility, linked to uncertainties regarding the external and domestic environment, which impairs the realization of contracts.
Cni also highlights as factors that contributed to the decline of Brazilian exports the crisis in Argentina and the increase in tensions between the United States and China. Argentina and the United States are the main brazilian manufacturing buyer markets. In 2019, exports to these two countries accounted for 28% of the total exported by the Brazilian manufacturing industry.
According to CNI, the loss of brazilian industry's participation in world industrial production has been observed since the mid-1990s. The country's economic crisis of 2014-2016, however, intensified this movement, a period in which the GDP of industry accumulated a drop of 10.1%.
Among Brazil's main trading partners, China is the best performing one. According to the CNI study, the Asian country's share of the added value of the global manufacturing industry grew from 28.85% in 2018 to 29.67% last year. The increase of 0.82 percentage points was the only positive result observed among the evaluated countries.
The largest losses were recorded by Germany (from 5.64% in 2018 to 5.42% in 2019), followed by Japan (from 7.12% to 7.01% in the same period). Despite the retreat, the two countries did not lose their places in the global rankings, behind only China and the United States.
China also appears with the first in the ranking of participation in the world exports of the manufacturing industry, followed by Germany, the United States, Japan and South Korea. According to CNI, together, these countries accounted for 41% of the world's exports of the manufacturing industry in 2018.