Brazil: Agro exports totaled US$ 13.9 billion in May

Published Jun 18, 2021

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Brasília (17/06/2021) – Agro exports totaled US$ 13.9 billion in May this year, a growth of 33.7% over the same period in 2020, according to an analysis by the Confederation of Agriculture and Livestock of Brazil ( CNA) based on data from the Ministry of Economy. It was the fourth consecutive month of increase in foreign sales in 2021 compared to the same months last year.

Original content

From January to May, shipments of Brazilian agribusiness products abroad generated revenues of US$ 50.2 billion, an increase of US$ 21.9% compared to the accumulated result for the first five months of last year. The trade surplus in May was US$ 12.7 billion, the highest value in the last 12 months. In the assessment of the CNA, the moment has been favorable for exports, as the economic recovery underway in the world favors commodity prices. "China and the United States are leading the movements that involve high investments that ensure a growing demand for raw materials, which should help to keep their prices high and, therefore, the international scenario favorable to Brazilian exports." Products - Soy beans led the Brazilian agribusiness export basket in May 2021, with a value of US$ 7.3 billion, an expansion of 56.3% over the same period in 2020 and a share of 52.7% in the total monthly external sales. The second main product was raw cane sugar, with growth of 33.8% compared ...
Source: Cnabrasil
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