Brazil: Increases in exports from the sugar-alcohol, meats, and juices complex, ensure a 13.5% increase in the surplus

From January to June 2021, agribusiness exports from São Paulo increased by 11%, reaching US$ 9.20 billion; while imports grew 3.7%, totaling US$ 2.24 billion. These transactions resulted in a surplus of US$ 6.96 billion, an amount 13.5% higher than the same period in 2020, informs the Secretariat of Agriculture and Supply of the State of São Paulo, through the Agricultural Economics Institute (IEA/Apta ). In the same period, the total exports of the State of São Paulo totaled US$ 25.03 billion and imports US$ 32.35 billion, registering a deficit of US$ 7.32 billion. Therefore, it is clear that the deficit in São Paulo's foreign trade was not greater due to the performance of the state's agribusiness, emphasize Marli Dias Mascarenhas Oliveira, José Alberto Angelo and Carlos Nabil Ghobril, researchers at the IEA. The main groups in agribusiness exports from São Paulo were: Sugar and Alcohol Complex (US$ 2.98 billion, of which sugar accounted for 87.9%, and alcohol, 12.1%), Soy ...