Tridge summary
In July 2021, Brazil's agricultural exports reached US$ 11.3 billion, a 15.8% increase compared to the same period in 2020, with the sector's foreign sales from January to July totaling US$ 72.7 billion, a 19.9% increase year-on-year. Soy in grains was the leading export, followed by fresh beef. China was the main destination for Brazilian exports, with the Agro.BR Project aiming to diversify the export basket. There was also growth in fish, dairy, fruit, and tea, mate and spices exports in July 2021.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
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. 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 ...
Source: GrupoCultivar
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