AGRO exports hit record in 2020

Published 2020년 6월 24일

Tridge summary

Brazilian agribusiness exports reached a record high of $42 billion from January to May 2020, a 7.9% increase compared to the same period in 2019, with soybeans, fresh beef, cellulose, fresh chicken meat, and soybean meal being the main products exported. China was the largest importer, accounting for 39.3% of agricultural product shipments. Despite fruit exports seeing a decrease in May 2020 compared to the previous year, there was a 54.5% growth in exports of Brazilian bee products, with honey sales increasing by $7 million and beeswax sales increasing by $115.1 thousand in the first five months of the year.

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

Original content

In the first five months of the year, total revenue was US $ 42 billion, 7.9% more than the same period in 2019. May's monthly performance was also the best on record Brazilian agribusiness exports had a record in January accumulated 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 five months of 2018. The main products exported from January to May were soybeans (US $ 16.3 billion), ...

Source: Noticias