Brazilian agribusiness exports totaled US$ 13.4 billion in November 2025, according to data released by the consultancy Itaú BBA. The value represents a 13% drop compared to October, but still a 6% increase from the same month the previous year. The monthly contraction was mainly driven by the slowdown in the volume of shipments of ethanol, meats, and corn, despite the positive performance of soybeans and cellulose.