Brazil: In RS, tobacco and meat sectors increase 8.4% in agribusiness exports

Published 2021년 5월 13일

Tridge summary

In the first quarter of 2021, agribusiness exports in Rio Grande do Sul saw an 8.4% increase, totaling US $ 2 billion, despite the impact of the drought and pandemic. This growth was primarily driven by tobacco, meat, and cereals, flour, and preparations, with tobacco exports experiencing the highest growth of 27.4%. However, the soy complex saw a 21.9% decrease in sales due to low product availability. China remained the largest export destination, followed by the European Union, while Saudi Arabia, the United States, and South Korea rounded out the top five. The quarter also marked the largest positive balance in formal job generation since 2007, with a total of 26,504 formal jobs.

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

Original content

After a year affected by the drought and the coronavirus pandemic, exports of agribusiness in Rio Grande do Sul started 2021 on a high. Between January and March, sales totaled US $ 2 billion, an increase of 8.4% in value (US $ 154.1 million) compared to the same period in 2020. In absolute terms, the main responsible for the recovery were the tobacco (plus US $ 77.2 million; + 27.4%), meat (plus US $ 59.8 million; + 13.1%) and cereals, flour and preparations (plus US $ 42 million; + 20.9%). Among the five main export sectors of agribusiness in Rio Grande do Sul, the forest products sector also showed an increase in sales in the period (plus US $ 12.2 million; + 5.6%). The negative highlight of the first quarter of 2021 was due to the soy complex, with an absolute reduction of US $ 80.9 million in sales, down 21.9% in comparison with the previous year. The first information on the sector's foreign sales in 2021 was released this Wednesday morning (12/5) by the Department of ...

Source: Avicultura Industrial