New Market Report Now Available: Brazil Shipping Report Q1 2014
BMI's outlook for Brazilian ports remains broadly positive. However, it should be noted that there are downside risks to our port forecasts for the country, stemming from economic imbalances, potential labour disputes, the struggle to bring the country's port infrastructure up to scratch and the likelihood of a drop in Chinese demand for Brazil's mining exports. We forecast real GDP growth of 2.3% in 2014 - up slightly from an estimated 2.0% in 2013.
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