{"id":98411,"date":"2026-05-06T17:07:33","date_gmt":"2026-05-06T20:07:33","guid":{"rendered":"https:\/\/murray.adv.br\/?p=98411"},"modified":"2026-05-06T17:07:33","modified_gmt":"2026-05-06T20:07:33","slug":"brazils-manufacturing-sector-deepens-trade-deficit-in-q1","status":"publish","type":"post","link":"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/","title":{"rendered":"Brazil\u2019s manufacturing sector deepens trade deficit in Q1"},"content":{"rendered":"<section class=\"content--header\">\n<div class=\"row content-head non-featured \">\n<div class=\"title\">\n<h6 class=\"content-head__title\" style=\"text-align: center\"><em><strong>Industrial exports lag broader trade growth as rising imports of vehicles, pharmaceuticals offset stronger aircraft sales<\/strong><\/em><\/h6>\n<\/div>\n<\/div>\n<div class=\"content__signa-share\">\n<div class=\"content__signature\">\n<div class=\"content-publication-data\">\n<div class=\"content-publication-data__text\">\n<div class=\"content-publication-data__from\"><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p class=\"content-publication-data__updated\"><time datetime=\"2026-05-06T09:28:01.641-03:00\">05\/06\/2026\u00a0<\/time><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"content__share-bar-container\">\n<div class=\"content__share-bar\"><\/div>\n<\/div>\n<\/div>\n<\/section>\n<div id=\"mc-article-body\" class=\"mc-article-body \">\n<article>\n<div class=\"no-paywall\">\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"72\" data-block-id=\"2\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">While Brazil\u2019s\u00a0<a class=\"\" href=\"https:\/\/valorinternational.globo.com\/economy\/news\/2026\/04\/22\/oil-drives-brazil-to-record-first-quarter-trade-surplus.ghtml\" data-mrf-link=\"https:\/\/valorinternational.globo.com\/economy\/news\/2026\/04\/22\/oil-drives-brazil-to-record-first-quarter-trade-surplus.ghtml\">overall trade surplus<\/a>\u00a0increased 47.6% in the first quarter compared with the same period of 2025, the manufacturing industry posted a trade deficit of $19.7 billion, deepening its negative balance by 1.2% over the same time frame. Exports of manufactured goods rose just 2.8%, less than half the pace of total exports, which grew 7.1%. Imports of industrial goods increased 2.3%, one percentage point above the country\u2019s total import growth.<\/p>\n<\/div>\n<div class=\"wall protected-content\">\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"48\" data-block-id=\"3\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">The figures come from the\u00a0<strong>Institute for Industrial Development Studies (IEDI)<\/strong>, based on data from the Secretariat of Foreign Trade (Secex\/MDIC). The study analyzed manufacturing trade performance across four levels of technological intensity, following Organisation for Economic Co-operation and Development criteria: high technology, medium-high, medium, and medium-low technology.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"56\" data-block-id=\"4\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">The report shows that despite strong export performance in sectors such as aircraft manufacturing\u2014which also saw a decline in imports\u2014imports increased in key industries such as automobiles and pharmaceuticals. The medium-low technology group, which usually offsets deficits in higher-tech industries, remained in surplus, though with a smaller positive balance than in the first quarter of 2025.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"26\" data-block-id=\"6\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">The manufacturing deficit from January to March was mitigated by strong export performance in high-technology industries, particularly\u00a0<strong>aircraft\u00a0<\/strong>manufacturing, said\u00a0<strong>Rafael Cagnin<\/strong>, chief economist at IEDI.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"47\" data-block-id=\"7\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">Brazil\u2019s total exports of manufactured goods reached $43.9 billion in the first quarter of 2026, a record level in current dollar terms for the period and $1.2 billion above exports in the same months of 2025. Growth in aircraft export revenue accounted for 59.6% of this increase.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"82\" data-block-id=\"8\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">Cagnin said aircraft exports are volatile because they involve high-value products tied to the delivery schedule of Brazil\u2019s leading manufacturer, Embraer. He also noted a relatively weak comparison base. Early in 2025, he said, major trade tensions were already emerging as markets awaited the direction of U.S. President Donald Trump\u2019s tariff policy. During the last year, however, aircraft were exempted from Trump\u2019s sweeping tariffs and effectively \u201cshielded\u201d from harsher trade measures. \u201cThat allowed the sector to continue operating relatively normally,\u201d he said.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"91\" data-block-id=\"9\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">In addition,\u00a0<strong>Embraer\u00a0<\/strong>increased aircraft deliveries in the first quarter of 2026, especially in commercial aviation. \u201cThere is a backlog among major global aircraft manufacturers, and Embraer has managed to expand market share in this environment. The company has been innovating, moving further into larger aircraft segments with competitive energy performance,\u201d Cagnin said. He added that\u00a0<a class=\"\" href=\"https:\/\/valorinternational.globo.com\/business\/news\/2026\/05\/04\/united-arab-emirates-to-buy-up-to-20-military-aircraft-from-embraer.ghtml\" data-mrf-link=\"https:\/\/valorinternational.globo.com\/business\/news\/2026\/05\/04\/united-arab-emirates-to-buy-up-to-20-military-aircraft-from-embraer.ghtml\">Embraer has also expanded into defense and security<\/a>, an area seeing growing demand amid rising global military spending. \u201cAlthough it is only one quarter, the period reflects the company\u2019s portfolio diversification strategies over recent decades.\u201d<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"100\" data-block-id=\"11\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">Even with stronger aircraft exports, the IEDI report shows that the high-technology group still posted a trade deficit of $11.4 billion in the first quarter, maintaining its traditionally negative balance, though improving from the $12.5 billion deficit recorded in the same period of 2025. In addition to aircraft manufacturing, the high-tech group includes pharmaceuticals and electronics. Those two industries stood out for rising imports, up 21.6% and 5.3%, respectively, from January to March compared with the same period last year. Overall imports for the group, however, fell 2.5%, also influenced by aircraft imports, which declined 45.7% over the same comparison.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"62\" data-block-id=\"12\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">A negative highlight, according to Cagnin, came from the medium-high technology segment. The group\u2014which includes weapons, automobiles, machinery and equipment, and medical instruments, among others\u2014posted a 4% decline in exports in the first quarter compared with the same period of 2025. But the economist said imports were more concerning. Imports in the group rose 3.6%, driven largely by automobiles, which jumped 23.6%.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"100\" data-block-id=\"13\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">\u201cIt is the China effect, with electric vehicles, which highlights a major challenge for Brazil\u2019s automotive industry both domestically and abroad,\u201d Cagnin said. Chinese competitiveness, he noted, extends beyond the automotive sector. \u201cChina\u2019s gain in the manufactured-goods market share across Latin America is increasing, often displacing Brazilian industry not only because it produces similar products, but because it has technological dynamism that allows it to capture market share with new products. We have been viewing the vehicle issue more from a short-term perspective, but it reflects a structural transformation of the market and very strong competitive pressure from innovative products.\u201d<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"36\" data-block-id=\"14\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">Overall, the medium-high technology group closed the first quarter with a trade deficit of $20.2 billion. While deficits are typical for the segment, this year\u2019s negative balance widened 7.8% compared with the same period of 2025.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"136\" data-block-id=\"15\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">The IEDI report highlighted positive performance in medium-technology goods, whose exports rose 10.6%, driven by the metallurgy industry, which increased 15.3%. Imports in the group also rose, but at a much slower pace of 2.9%. The segment closed the first quarter with a deficit of $680 million, significantly lower than the $1.2 billion deficit recorded in the same period of 2025. The report noted, however, that the negative balance at the start of this year was affected by the accounting treatment of oil platforms, which, since last year, have distorted certain quarterly figures. Excluding shipbuilding, where these assets are recorded, the medium-technology segment would have posted a surplus of $1.8 billion from January to March. In addition to metallurgy and shipbuilding, the medium-technology group includes industries such as rubber and plastics manufacturing and non-metallic mineral products.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"53\" data-block-id=\"17\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">The medium-low technology group, meanwhile, was a negative surprise, Cagnin said. Traditionally in surplus, the segment typically offsets deficits in industries with greater technological intensity. According to the economist, some sectors face structural innovation gaps that translate into chronic trade deficits. \u201cEspecially in higher-tech industries, with a few notable exceptions such as aerospace.\u201d<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"34\" data-block-id=\"18\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">The medium-low technology segment\u2014which includes apparel, footwear, wood products, furniture, metal products, petroleum products, food, and beverages\u2014has historically helped cushion these deficits. \u201cBut this group has been posting very weak, stable performance,\u201d he said.<\/p>\n<\/div>\n<div data-track-category=\"multicontent\" data-track-action=\"ultimo chunk conteudo\" data-track-noninteraction=\"false\" data-track-scroll=\"view\">\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"81\" data-block-id=\"19\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">According to the report, exports in the medium-low technology group were virtually flat, rising just 0.2% from January to March 2026, while imports increased 4.2%. The stagnation in exports is notable, the study said, as the group traditionally posts large trade surpluses due to industries linked to commodity processing. Among the four technological-intensity groups, it was the only one to record a trade surplus, at $12.6 billion. Even so, the surplus was 3.1% lower than in the first quarter of 2025.<\/p>\n<p data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">* By\u00a0Marta Watanabe\u00a0\u2014 S\u00e3o Paulo<\/p>\n<p data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">Source: Valor International<\/p>\n<p>https:\/\/valorinternational.globo.com\/<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Industrial exports lag broader trade growth as rising imports of vehicles, pharmaceuticals offset stronger aircraft sales &nbsp; &nbsp; 05\/06\/2026\u00a0 While Brazil\u2019s\u00a0overall trade surplus\u00a0increased 47.6% in the first quarter compared with the same period of 2025, the manufacturing industry posted a trade deficit of $19.7 billion, deepening its negative balance by 1.2% over the same time [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8106],"tags":[26903,26904],"class_list":["post-98411","post","type-post","status-publish","format-standard","hentry","category-murray-news","tag-brazils-manufacturing-sector","tag-deepens-trade-deficit-in-q1"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Brazil\u2019s manufacturing sector deepens trade deficit in Q1 - Murray Advogados<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brazil\u2019s manufacturing sector deepens trade deficit in Q1 - Murray Advogados\" \/>\n<meta property=\"og:description\" content=\"Industrial exports lag broader trade growth as rising imports of vehicles, pharmaceuticals offset stronger aircraft sales &nbsp; &nbsp; 05\/06\/2026\u00a0 While Brazil\u2019s\u00a0overall trade surplus\u00a0increased 47.6% in the first quarter compared with the same period of 2025, the manufacturing industry posted a trade deficit of $19.7 billion, deepening its negative balance by 1.2% over the same time [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/\" \/>\n<meta property=\"og:site_name\" content=\"Murray Advogados\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-06T20:07:33+00:00\" \/>\n<meta name=\"author\" content=\"Gelcy Bueno\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gelcy Bueno\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/\"},\"author\":{\"name\":\"Gelcy Bueno\",\"@id\":\"https:\/\/murray.adv.br\/en\/#\/schema\/person\/dd0d0bea46c2436124555d18c1a0d52e\"},\"headline\":\"Brazil\u2019s manufacturing sector deepens trade deficit in Q1\",\"datePublished\":\"2026-05-06T20:07:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/\"},\"wordCount\":1040,\"keywords\":[\"Brazil\u2019s manufacturing sector\",\"deepens trade deficit in Q1\"],\"articleSection\":[\"Murray News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/\",\"url\":\"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/\",\"name\":\"Brazil\u2019s manufacturing sector deepens trade deficit in Q1 - Murray Advogados\",\"isPartOf\":{\"@id\":\"https:\/\/murray.adv.br\/en\/#website\"},\"datePublished\":\"2026-05-06T20:07:33+00:00\",\"author\":{\"@id\":\"https:\/\/murray.adv.br\/en\/#\/schema\/person\/dd0d0bea46c2436124555d18c1a0d52e\"},\"breadcrumb\":{\"@id\":\"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"In\u00edcio\",\"item\":\"https:\/\/murray.adv.br\/en\/home\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Brazil\u2019s manufacturing sector deepens trade deficit in Q1\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/murray.adv.br\/en\/#website\",\"url\":\"https:\/\/murray.adv.br\/en\/\",\"name\":\"Murray Advogados\",\"description\":\"PLG International Lawyers\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/murray.adv.br\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/murray.adv.br\/en\/#\/schema\/person\/dd0d0bea46c2436124555d18c1a0d52e\",\"name\":\"Gelcy Bueno\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/murray.adv.br\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1ef2acfe966d6deacdeccd2a24ea89192c41fd05fc60e57b79021358a47f5641?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1ef2acfe966d6deacdeccd2a24ea89192c41fd05fc60e57b79021358a47f5641?s=96&d=mm&r=g\",\"caption\":\"Gelcy Bueno\"},\"url\":\"https:\/\/murray.adv.br\/en\/author\/news\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Brazil\u2019s manufacturing sector deepens trade deficit in Q1 - Murray Advogados","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/","og_locale":"en_US","og_type":"article","og_title":"Brazil\u2019s manufacturing sector deepens trade deficit in Q1 - Murray Advogados","og_description":"Industrial exports lag broader trade growth as rising imports of vehicles, pharmaceuticals offset stronger aircraft sales &nbsp; &nbsp; 05\/06\/2026\u00a0 While Brazil\u2019s\u00a0overall trade surplus\u00a0increased 47.6% in the first quarter compared with the same period of 2025, the manufacturing industry posted a trade deficit of $19.7 billion, deepening its negative balance by 1.2% over the same time [&hellip;]","og_url":"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/","og_site_name":"Murray Advogados","article_published_time":"2026-05-06T20:07:33+00:00","author":"Gelcy Bueno","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Gelcy Bueno","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/#article","isPartOf":{"@id":"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/"},"author":{"name":"Gelcy Bueno","@id":"https:\/\/murray.adv.br\/en\/#\/schema\/person\/dd0d0bea46c2436124555d18c1a0d52e"},"headline":"Brazil\u2019s manufacturing sector deepens trade deficit in Q1","datePublished":"2026-05-06T20:07:33+00:00","mainEntityOfPage":{"@id":"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/"},"wordCount":1040,"keywords":["Brazil\u2019s manufacturing sector","deepens trade deficit in Q1"],"articleSection":["Murray News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/","url":"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/","name":"Brazil\u2019s manufacturing sector deepens trade deficit in Q1 - Murray Advogados","isPartOf":{"@id":"https:\/\/murray.adv.br\/en\/#website"},"datePublished":"2026-05-06T20:07:33+00:00","author":{"@id":"https:\/\/murray.adv.br\/en\/#\/schema\/person\/dd0d0bea46c2436124555d18c1a0d52e"},"breadcrumb":{"@id":"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/murray.adv.br\/en\/brazils-manufacturing-sector-deepens-trade-deficit-in-q1\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"In\u00edcio","item":"https:\/\/murray.adv.br\/en\/home\/"},{"@type":"ListItem","position":2,"name":"Brazil\u2019s manufacturing sector deepens trade deficit in Q1"}]},{"@type":"WebSite","@id":"https:\/\/murray.adv.br\/en\/#website","url":"https:\/\/murray.adv.br\/en\/","name":"Murray Advogados","description":"PLG International Lawyers","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/murray.adv.br\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/murray.adv.br\/en\/#\/schema\/person\/dd0d0bea46c2436124555d18c1a0d52e","name":"Gelcy Bueno","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/murray.adv.br\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1ef2acfe966d6deacdeccd2a24ea89192c41fd05fc60e57b79021358a47f5641?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1ef2acfe966d6deacdeccd2a24ea89192c41fd05fc60e57b79021358a47f5641?s=96&d=mm&r=g","caption":"Gelcy Bueno"},"url":"https:\/\/murray.adv.br\/en\/author\/news\/"}]}},"_links":{"self":[{"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/posts\/98411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/comments?post=98411"}],"version-history":[{"count":2,"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/posts\/98411\/revisions"}],"predecessor-version":[{"id":98413,"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/posts\/98411\/revisions\/98413"}],"wp:attachment":[{"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/media?parent=98411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/categories?post=98411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/murray.adv.br\/en\/wp-json\/wp\/v2\/tags?post=98411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}