Soy exports grow and account for 36% of the MS trade balance

Mato Grosso do Sul ended August with a balance of US $ 2.816 million in the trade balance, an amount 32% higher than that verified in the first eight months of 2019. Soy exports contributed to the increase, reaching 36.5% of all the volume exported in 2020. The information is from the Letter of Conjuncture of the External Sector of the month of June released this Tuesday (8th), by Semagro (Secretariat of Environment, Economic Development, Production and Family Agriculture). Access the document here. Soy exports grew 58.6% compared to the same period last year, due to the expansion in the volume sent to other countries, which totaled 4.4 million tons between January and August this year. Cellulose remains the second product, although it registered a drop of 17.49% in the variation between 2019 and 2020. The decrease in the period occurred mainly due to the drop in the price of the product in the international market, as the exported volume increased. Other highlights in the first ...