Brazil: Exports of soybeans, sugar, fuels, and chicken break record in Paraná in 2024

Published 2024년 8월 14일

Tridge summary

Paraná's exports of essential commodities like soybeans, raw sugar, oils and fuels, electric generators and transformers, and processed chicken meat have reached historic highs in the first seven months of 2024, as reported by the Ministry of Development, Industry, Commerce, and Services (MDIC) and the Paraná Institute for Economic and Social Development (Ipardes). The state has exported a total of US$ 13.6 billion. Soybean exports alone brought in US$ 3.5 billion, a 4.6% increase from the previous year, and account for 25% of Paraná's exports. Raw sugar exports also saw a significant increase of 41% compared to the same period in 2023. There was also a record high in exports of oils and fuels, electric equipment, and processed chicken meat. Paraná's trade balance remains positive, with a difference of US$ 2.7 billion between purchases and sales.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Paraná's exports of soybeans, raw sugar, oils and fuels, electric generators and transformers, and processed chicken meat broke historical records in the first seven months of this year. The data is from the Ministry of Development, Industry, Commerce, and Services (MDIC), organized by the Paraná Institute for Economic and Social Development (Ipardes). Paraná has already exported US$ 13.6 billion in 2024. In the case of soybeans, state sales to the international market totaled US$ 3.5 billion from January to July 2024, corresponding to the highest figure recorded for the period since 1997, the beginning of the historical series. There was also a growth of 4.6% in relation to the US$ 3.3 billion moved in the same period in 2023, which was the highest record until then. Soybeans represent 25% (one quarter) of Paraná's exports. Likewise, Paraná's exports of raw sugar are the most relevant in the series of results, with revenues of US$ 709 million up to July, 41% above the US$ 502 ...

Source: Sintracoop