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7 11.5 to 11.10.2018 exported units record obtained in 2017. On Wednesday, Antonio Megale, president of the entity, said the industry hopes to offset losses outside Brazil with the domestic market while seeking new markets in South America: “The Argentine market decreased, but there was a highlight in exports to other markets, such as Chile and Colombia. In addition to that, the automakers keep seeking business opportunities in new markets”. According to data released by the entity, exports to Argentina from January to October were 12% lower than registered in the 10 months of last year. 387.4 thousand units were exported in the period against 438.8 thousand vehicles in 2017. Nevertheless, Argentina is the main export destination for vehicles produced in Brazil. Until October, 72% of the total exported was sent there. Mexico, Brazil’s second largest trading partner in the automotive sector received 7% of Brazilian vehicle exports until October, which represents 40 thousand units. Chile accounted for 6%, 34.5 thousand units. Uruguay and Colombia, 4% and Peru 2% of exports. With the decreasing exports, the automakers see a reduction in the foreign market revenues. According to Anfavea, up to October exports totaled R$ 9 billion, 970 thousand 640, which means 6.7% lower income than in the same period in 2017. Divided by segment, exports of light and commercial vehicles in the year totaled 533 thousand 715 units, 11% less compared to the first ten months of last year. In trucks, 6.6% decrease in volume exported, which was 22 thousand 195 units. The volume of buses exported was 6.8% lower, reaching 7 thousand 155 units in the accumulated of 2018.