The purpose of the import substitute is to avoid customs duties , transport costs and uncertainties in delivery. In addition, domestic jobs can be created and the industrialization of the economy promoted. This can lead to greater economic independence.
- Labor-intensive industries (e.g. textiles )
- Labor and capital intensive industries (e.g. heavy industry, chemical ind.)
- Capital and technology-intensive industries (e.g. car and electronics industry)
As early as 1972, the industry switched to export-oriented growth.
See also: Import-substituting industrialization