Revenue from the Manaus Industrial Complex reaches R$ 42.46 billion in the first quarter

Development

Revenue for the first quarter of PIM 2023 grew by 6.26% compared to the same period last year

Manaus (AM) – The Industrial Pole of Manaus (PIM) had revenues of BRL 42.46 billion in the first quarter of 2023, which indicates a growth of 6.26% in relation to the result obtained in the same period of last year (BRL 39.96 billion). In dollars, revenues between January and March of this year totaled US$ 8.28 billion, which represents an increase of 4.55% compared to the first quarter of 2022 (US$ 7.92 billion).

In the first three months of this year, PIM also obtained a positive result in exports, accounting for the amount of US$ 142.82 million in foreign sales and a growth of 17.55% in relation to the result obtained in the same period of 2022 (US $121.49 million).

In March, PIM employed 107,347 workers, including permanent, temporary and outsourced workers, which indicates an increase of 0.3% in relation to the same month of last year (107,027 workers). The monthly average of PIM direct jobs in 2023, until March, is 109,299 workers.

Segments and products

The five main PIM segments in terms of share of global revenues, in the first quarter of 2023, were IT Goods (BRL 10.98 billion in revenue and a 25.87% share), Electronics (BRL 8. 12 billion and participation of 19.12%), Duas Rodas (revenue of R$7.69 billion and participation of 18.13%), Chemical (revenue of R$3.74 billion and participation of 8.81%) and Thermoplastic (revenue of BRL 3.59 billion and participation of 8.46%).

The three main PIM products in terms of revenue – motorcycles, scooters and mopeds; televisions with LCD and OLED screen; and cell phones – recorded production growth in the first quarter of 2023. Motorcycles had 415,158 units produced and an increase of 26.08%; televisions recorded production of 3,214,995 units and growth of 40.81%; and cell phones, in turn, had 4,209,076 units manufactured and an increase of 15.32%.

The production lines of air conditioners also continued the positive performance at the beginning of the year. Up to March, the split system equipment recorded a production of 1,148,260 units and an increase of 37.09; 42,882 units were produced for single-body window or wall-mounted units, a growth of 203.4%.

Other products that stood out in the period include telephone sets, including electronic intercoms, with 378,735 units manufactured and growth of 453.30%, and television signal receivers, with 789,627 units produced and growth of 113.85%.

Assessment

The superintendent of Suframa, Bosco Saraiva, said that the PIM numbers in the first quarter of 2023 were quite satisfactory and that the autarchy continues to routinely monitor companies, as well as the national and international economic situation, in the search for strategies and actions that can reinforce the region’s business environment.

“March was our best revenue figure for the year so far, so this indicates a growth trajectory for the remainder of the first half. But we know that it is Suframa’s role to be attentive to all issues involving the Manaus Free Trade Zone and that is what we will continue to do, in contact with companies, class entities, government bodies and other partners, in the sense that our Industrial Pole can be strengthened and, with that, the economy of our entire region will be boosted”,

Saraiva said.

*With advisory information

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