Monday, March 16, 2015

Participation of Goiás in the import of medicines increases in recent ten years

The trade deficit of pharmaceuticals has increased a lot in the last ten years, and the State of Goiás stands out among those responsible for this difference. From 2005 to 2014, imports of medicines increased by 556% federal unit, which highlights a pace much above other States.
"Goiás is a State with many tax incentives, that scenario became attractive to imports," said Pedro Bernardo, Director of Interfarma (Pharmaceutical Research Industry Association). If you add the imports effected by the Federal District, the region is the answer for almost 30% of national imports of pharmaceutical products.
Only in the last five years between 2009 and 2014, the volume of drugs imported by Goias jumped from $ 453 million to US $ 1.2 billion; growth of 160%. In the same period, Sao Paulo recorded an increase well below in their imports, of 50%.
Since 2004, the relationship between imports and exports is becoming worse for Brazil. The trade balance deficit, which was $ 1.23 billion in 2003, now approaching $ 6 billion. "The recent changes in the exchange rate may contribute to the increase of exports, which would have positive impact on the scale. However, this does not happen overnight. we need to stabilize things for industry review their plans, "says Pedro.
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