Brazil: Meat exports rise and 2021 surplus exceeds US$ 3 billion

The trade balance of Mato Grosso do Sul reached a surplus of US$ 3.302 billion in August 2021. The amount is 15.3% higher than the same period last year and is a result of the increase in exports combined with the rise in the dollar. There was growth in sales of beef, poultry and pork to the foreign market. In August, beef emerged as the third main product in the trade balance, accounting for 12.8% of exports. In terms of sales, the growth in sales to the foreign market exceeds 26% between January and August 2021, compared to the same period last year. Poultry meat appears as the fifth most exported product in the state, with an increase of 24.6% compared to last year. And pork appears in 12th place, with a 45% growth in sales to the foreign market. The data are from the Ministry of Development, Industry and Foreign Trade and analyzed in a Conjuncture Letter prepared by Semagro. Head of Semagro (Department of Environment, Economic Development, Production and Family Agriculture), ...