Brazil: Agribusiness exports have the best result in history in April, says CNA
Brazil
Published May 20, 2021
Tridge summary
Agribusiness exports hit a record in April and reached US $ 13.6 billion, the highest monthly value ever recorded in a month since the beginning of the historical series, in 1997. This revenue represents a 39% increase in relation to April 2020 , according to the Confederation of Agriculture and Livestock of Brazil (CNA), based on data from the Ministry of Economy.
Original content
The agribusiness surplus (exports higher than imports) was also the best result ever obtained, of US $ 12.4 billion, while products from other sectors accounted for in the Brazilian trade balance had a deficit (imports greater than exports) of US $ 2 , 1 billion. Driven by the performance of agribusiness, the balance of Brazilian trade was positive at US $ 103 billion. Soybeans led the list of exports last month, with US $ 7.2 billion, an increase of 43.1% in comparison with April of last month. The sector accounted for 53.1% of total Brazilian foreign sales from the agribusiness. The total volume shipped was 17.4 million tons, 17% more than April / 2020, of which 12.6 million went to China. “The delay in the harvest and the increased participation of the northern ports facilitated Brazilian shipments”, says the CNA. The second best-selling product in April was soybean meal, with an increase of 18.9% over the same period last year, reaching a value of US $ 657.9 million. In the ...
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