Argentina and Brazil are both countries in South America, and their forging industries are gradually developing. Although the two countries share some similarities in this field, there are also many differences. Here are the main differences between forging manufacturers in Argentina and Brazil.
- Market Size
The Brazilian forging industry has a wide range of shares on the world market and is leading in fields such as automotive, oil and gas, and agricultural machinery. In 2019, Brazil’s automotive production value reached $22 billion, and its oil production reached 30.6 million tons. In comparison, the scale of Argentina’s forging industry is relatively small, and its international influence is limited.
- Technological level
Brazilian forging manufacturers are quite mature in technology and are constantly investing in research and development. These technology developments give Brazilian forging manufacturers an advantage in producing high-quality, high-performance forgings. The investment in technology and research and development is relatively small in Argentina’s forging industry, which leads to a decrease in its product quality and competitiveness.
- Industry Areas
The Brazilian forging industry has a wide market share in industries such as automobile manufacturing, oil and gas, agriculture, and mining; while the Argentine forging industry occupies a certain market share in water conservancy, electric power, engineering machinery, and other areas. The differences in these areas result in differences in their products.
- Export Destinations
As a global exporter of agricultural products, wine, and meat, Argentina’s forging manufacturers are more focused on serving its exports, making it relatively less visible and less well-known in the international market. The Brazilian forging industry serves both domestic and international markets and exports products to many countries and regions in the Americas, Europe, Asia, and other regions.
In conclusion, the forging industries in Argentina and Brazil have significant differences. Although the forging industry in both countries is developing, there are clear differences in development direction from multiple perspectives, such as market size, technological level, industry areas, and export destinations.
