Agribusiness exports have record from January to May

Published 2020년 6월 23일

Tridge summary

Brazilian agribusiness exports had a record in the accumulated January to May 2020, closing at a highest value ever recorded for the first five months of the year with a value of US $ 42 billion, an increase of 7.9% in relation to the same period of 2019. The main products exported were soybeans, fresh beef, cellulose, fresh chicken meat, and soybean meal. China was the main importer of Brazilian agricultural products, being the destination of 39.3% of shipments. The month of May was also a record for both agribusiness exports and the balance trade. The performance of sectors such as teas, mate and spices, fruits, dairy products, fish and bee products also registered record numbers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Together with soybeans, meat sales, especially to China, heated up business. Brazilian agribusiness exports had a record in the accumulated from January to May 2020 and closed at US $ 42 billion, the highest value ever recorded for the first five Months of the year. Brazilian agribusiness exports had a record accumulated from January to May 2020 and closed at US $ 42 billion, the highest value ever recorded for the first five months of the year. The result represents an increase of 7.9% in relation to the same period of 2019, according to data from the Ministry of Economy compiled by the Confederation of Agriculture and Livestock of Brazil (CNA). According to the CNA, there were also records in agribusiness foreign sales in volume from January to May, which totaled 86.8 million tons, 15.3% more than in the same period last year, and in the trade surplus, difference between the exports and imports, which was US $ 36.6 billion, surpassing the previous record observed in the first ...

Source: Abramilho