According to the G1 website in Brazil on June 12, an analysis by the Center for Advanced Studies in Applied Economics (Cepea, USP) revealed that Brazil's agribusiness export total grew by 1.6% in the first four months of this year compared to the same period last year. Rising coffee and orange juice prices were key drivers of this growth. In terms of export volume, meat, cellulose (for papermaking), and cotton saw the largest increases.
The institution's researchers noted that the primary reason for agricultural export total growth was the 5.3% average increase in agricultural product prices in dollars during the first four months, despite a 3.5% decline in total export volume. "Brazil's meat performance benefited from strong overseas market demand. It is worth noting that U.S. import tariffs did not prevent the growth of Brazilian meat exports to the United States. For coffee and orange juice, significant price increases are related to supply constraints for these commodities in Brazil and globally."
Data from Brazil's Foreign Trade Secretariat (Secex) cited by the Center for Advanced Studies in Applied Economics showed that in the first four months of this year, Brazilian beef, pork, and chicken product exports grew strongly (increasing by 13%, 17%, and 9% respectively), accounting for 18% of agricultural exports, reaching $9.2 billion, a 20% increase from the same period last year. China was the largest export destination for Brazilian beef.
Meanwhile, forestry products also performed well, accounting for 11% of export total, achieving approximately $5.7 billion in revenue, a 9% year-on-year increase. The sector's main export products include timber (42% exported to the United States), cellulose (48% exported to China), and paper (primarily to Argentina).
Additionally, Brazil's cotton export volume increased by 16.5% in the first four months of this year, though its average price decreased by 13% compared to the previous year.
The Center for Advanced Studies in Applied Economics noted that given Brazil's record-high grain production, agribusiness export volume should continue to maintain growth momentum. However, U.S. trade and tariff policies may still introduce market uncertainty, though Brazilian products' competitiveness could further improve in other export markets not subject to tariffs.
On