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Foreign market: Agribusiness in Bahia, Brazil earns US$521.4 million with exports in January, or 56% more

Brazil
Market & Price Trends
Published Feb 22, 2024

Tridge summary

In January 2024, Bahia's agribusiness exports saw a significant increase of 56% compared to the same period in 2023, reaching a value of US$521.4 million. The majority of these exports were from the soybean complex, which accounted for over half of all agribusiness exports. Forestry products and fibers and textile products were also significant contributors. Bahia was the leading state in agribusiness exports in the Northeast Region, which earned a total of US$967.7 million in January, with Maranhão and Alagoas also making notable contributions.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

São Paulo, 02/21/2024 - Bahia's agribusiness exports in January reached a value of US$521.4 million, an increase of 56% compared to January 2023, the Secretary of Agriculture of the State of Bahia reported today in a note. State, based on data from Agrostat, from the Ministry of Agriculture. According to the note, the soybean complex was responsible for 50.4% of all Bahian agribusiness exports, with US$263 million. Next, sales in the forestry products sector stand out, with US$120.6 million, and fibers and textile products, with US$66.4 million. In the Northeast Region, Bahia led agribusiness exports. The region as a whole earned US$967.7 million in January. The main sectors were the soy ...
Source: Broadcast
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