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China leads agribusiness purchases from Brazil in September

Updated Oct 25, 2021
China remains the biggest buyer of Brazilian agribusiness. In September, the Asian country was responsible for 32.4% of total shipments of products in the sector, which totaled US$ 10.1 billion, up 21% compared to August 2020. Soy beans and beef in natura pulled agricultural exports last month.
According to an analysis by the Confederation of Agriculture and Livestock of Brazil (CNA, based on data from the Ministry of Economy, the monthly surplus (when exports exceed imports) in the trade balance totaled US$ 8.8 billion. By 2021, the sector's foreign sales totaled US$ 93.6 billion, growth of 20.6% for freight compared to the same period last year. According to the CNA, the main product in the export basket of Brazilian agribusiness in September was soybeans, with a 24.3% share of total shipments and valued at US$ 2.5 billion, an increase of 57.6% compared to the same period in 2020. “In natura beef comes next, with revenue of US$ 1.1 billion in September/2021, an increase of 85.7% compared to September 2020. Raw cane sugar, in natura chicken meat and bran soybeans complete the ranking of the five most exported products in September”, informs the CNA in a statement. The most significant increase in exports in September this year compared to September 2020 was for crude ...
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