Brazilian agribusiness exports break record from January to July 2020

Published 2020년 8월 20일

Tridge summary

Brazilian agribusiness exports reached a record high of US $ 61.2 billion and 131.5 million tons from January to July 2020, with a trade surplus of US $ 54 billion. The main products exported were soybeans, fresh beef, cellulose, sugar raw cane, and soybean meal, with China being the main importer. In July, there was an increase in sales to Islamic countries, with fruit exports experiencing a decline in value and volume compared to the previous year.

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Original content

Brazilian agribusiness exports reached the mark of US $ 61.2 billion and 131.5 million tons in the accumulated from January to July 2020, a new record for the period. In relation to the first seven months of last year, the growth achieved was 9.2% in value and 17% in the quantity exported. The analysis of the Confederation of Agriculture and Livestock of Brazil (CNA) is based on data released by the Ministry of Economy. The sector's trade balance registered a surplus of US $ 54 billion, the highest value in history for the period. The main products exported from January to July were soybeans (US $ 23.8 billion), fresh beef (US $ 4.2 billion), cellulose (US $ 3.6 billion), sugar raw cane (US $ 3.5 billion) and soybean meal (US $ 3.5 billion). These five products represented 62.9% of the Brazilian agro export basket in the period. China was the main importer of Brazil, being the destination of 39.2% of shipments of agricultural products. The revenue generated from exports to the ...

Source: GrupoCultivar