Brazilian agribusiness has exports of US$ 11.3 billion in July
Brazil
Published Aug 24, 2021
Tridge summary
Agro exports in July this year were US$ 11.3 billion, a growth of 15.8% compared to 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 is noteworthy that commodity prices maintain their recovery trend, with most products having surpassed the level of pre-pandemic prices”, explains the CNA. The agricultural trade surplus last month was US$ 10.1 billion.
Original content
From January to July 2021, the sector's foreign sales reached US$ 72.7 billion, 19.9% more compared to the same period in 2020. Soy in grains led the Brazilian agricultural export basket in July, accounting for 35.3% of the total and revenues of US$ 4.0 billion (an increase of 15.3% over the same period in 2020). The second was fresh beef, with growth of 30.6% compared to July last year and sales of US$ 902.6 million. China was the main destination for Brazilian exports in July, accounting for 35.2% of the total and the highlight being shipments of soy in grains, in natura beef, cellulose, raw cane sugar and in natura chicken meat. Then came the European Union, with a share of 15%, followed by the United States (7.4%). Complete the list of the ten main markets for agro products: Thailand (2.9%); Japan (2.4%); Vietnam (2.3%); Iran (2.2%); Mexico (1.8%); Indonesia (1.8%); and South Korea (1.7%). *Agro.BR* – CNA also analyzed the priority sectors of the Agro.BR Project, carried out ...
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