Brazilian agro has growing opportunities to export to China

Published 2021년 8월 31일

Tridge summary

The Brazil-China Business Council (CEBC) has released a report, the 'Brazil-China Letter', highlighting the diversification of Brazilian agribusiness exports to China, with soy still being a major product but other categories like meat, fruit, dairy, and coffee seeing significant growth. In 2020, Brazilian exports made up half of China's imports, surpassing $22 billion. The report also notes a rise in the consumption of Brazilian coffee in China, which grew by 157% in volume from 2016 to 2020. Additionally, there's been an increase in Brazilian meat exports to China, with beef exports alone accounting for 40% of China's imports in 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Despite the high concentration in soy, Brazilian agribusiness exports to China are more diversified, points out the “Brazil-China Letter”, published by the Brazil-China Business Council (CEBC). There are growing opportunities in sectors such as meat, fruit, dairy and coffee, says the article signed by the CEBC's content and research director, Tulio Cariello, and by the Council's research assistant, Camila Amigo. They recall that in 2020 Brazilian exports reached 50% of the volume imported by China, surpassing US$ 22 billion. “The sector's export agenda is more diversified and presents great opportunities for Brazilian products in an increasingly dynamic and demanding market,” they say. The researchers point out that these segments, including cotton and textile fibers, spices and vegetables, had significant expansion in sales to China in the last four years. In some cases, the percentage increases in volume and revenue were three or four digits. SEE ALSO | CNA and InvestSP release ...
Source: PortalDBO

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