This paper aims to analyze the evidences of a deindustrialization process in the Brazilian economy using panel data method, because it deals with a long series, unit root tests were applied. It was concluded that a possible "reprimarization" process in the exports list of the Brazilian economy, noted by a decrease of high technology goods and an increase of non industrialized goods, a fact that also relates to maintaining appreciate exchange rate and elevated interest rates.
Deindustrializtion; Exchange rate; Interest rate; Exports