Brazilian agro ends October with exports of US$ 8.8 billion

Published Nov 22, 2021

Tridge summary

Brazil's agricultural exports in October 2021 saw a 10% increase from the previous year, totaling US$ 8.8 billion, as per the Confederation of Agriculture and Livestock of Brazil (CNA). From January to October 2021, total foreign sales reached a record US$ 102.4 billion, marking a 19.5% increase compared to the same period in 2020. Soy beans were the top exported product, followed by raw sugar, crude soy oil, soy in grains, fresh chicken meat, and paper. The main destinations for these exports were China, the European Union, the United States, Japan, Vietnam, Chile, Iran, Thailand, South Korea, and India. There was also a notable increase in exports of tea, mate, spices, bee products, and fish in October 2021 compared to the same month in 2020.

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Original content

Brasília (11/22/2021) – Agricultural exports reached US$ 8.8 billion in October this year, 10% growth compared to the same month in 2020, according to an analysis by the Confederation of Agriculture and Livestock of Brazil ( CNA) based on data from the Ministry of Economy. From January to October, 2021, foreign sales totaled US$ 102.4 billion, an increase of 19.5% compared to the first 10 months of last year and a record value in the historical series, exceeding US$ 101, 2 billion registered throughout the year in 2018. Soy beans topped the list of exported products in October, with a share of 19.5%, revenue of US$ 1.7 billion, 94.3% more than in October 2020. Raw sugar was the second most shipped item (US$ 720.4 million), although sales abroad have dropped 27.3% compared to the same month last year. The most significant increase in foreign sales was for crude soy oil, 862.1%, which rose from US$ 18.5 million in October 2020 to US$ 178.3 million last month. Next, appear soy in ...

Source: Cnabrasil