Brazil: Agribusiness exports from Pernambuco set a record for the last eight years

Published 2021년 5월 25일

Tridge summary

Pernambuco's agribusiness exports reached a record high of US $ 147.5 million in the first four months of 2021, marking a 56% increase compared to the same period last year. The main exports included sugar, alcohol, mangoes, grapes, and juices, which accounted for 88.5% of the total export value. Africa and the Middle East were the main buyers of sugar, while Mexico and Colombia led the demand for alcohol. Mango exports were primarily to Spain and Holland, and the United States was the largest buyer of grapes. This performance is credited to the attractive exchange rate and a efficient sugarcane chain.

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Original content

Pernambuco's agribusiness exports reached the mark of US $ 147.5 million in the accumulated result from January to April 2021, which corresponds to a growth of 56% in relation to the same period of the previous year. This is a new record in relation to the first quarters of the last eight years, according to an analysis by the Federation of Agriculture of the State of Pernambuco (Faepe). The main products exported in the first four months were sugar (US $ 70.5 million), alcohol (US $ 13.9 million), mangoes (US $ 24.4 million), grapes (US $ 16.5 million) and juices (US $ 5.3 million). These five items represented 88.5% of the agro Pernambuco export basket in the period. According to Faepe's president, Pio Guerra, once again sugar cane strengthens the state economy. “With an attractive exchange rate and a favorable market, the sugarcane chain was able to show its efficiency, diversifying its buying countries”, he highlighted. Regarding fruit culture, the president estimated that, ...

Source: Cnabrasil