ABIMAPI categories grow 20% in exports in the first half of 2020

Published 2020년 8월 24일

Tridge summary

The Brazilian Association of Biscuits, Pasta and Industrialized Breads & Cakes (ABIMAPI) has reported a 20% increase in export value and a 73% increase in volume in the first half of 2020, generating USD 85.9 million from the sale of 71 thousand tons of products. This growth is attributed to the devaluation of the real and the sector's efforts to find new opportunities in the market. The pasta category saw a significant increase, with a 243% value increase and 395% volume increase, while industrialized breads and cakes also experienced an 85% revenue increase. The category of cookies was the most exported product, with Venezuela, Uruguay, Portugal, Argentina, Bolivia, Chile, China, United States, Japan, Mexico and Paraguay being the main buyers. The report also highlights the rise of e-commerce and the demand for frozen food, which have increased during the pandemic.

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Original content

The categories covered by the Brazilian Association of Biscuits, Pasta and Industrialized Breads & Cakes (ABIMAPI) reached USD 85.9 million in exports in the first half of 2020. In total, there was a 20% increase in value, representing a significant increase in volume (73%), totaling 71 thousand tons of products sold abroad, in comparison with that sold in the same period last year (January to June). The result is a consequence of the work developed by the Brazilian Biscuits, Pasta and Industrialized Breads & Cakes sector project, maintained by ABIMAPI in partnership with Apex-Brasil (Brazilian Export and Investment Promotion Agency), which seeks opportunities that bring companies in the segment closer together of your customers and potential partners abroad. According to Claudio Zanão, chief executive of ABIMAPI, despite the scenario of instability, with the current economic situation in the country and the high price of flour, the devaluation of the real reflected favorably on ...

Source: Portal Do Agronegocio