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Brazilian agribusiness set a historical record for exports in the first half of 2020

Brazil
Published Nov 14, 2020

Tridge summary

Brazilian agribusiness, which set a historical record for exports in the first half of 2020, with US $ 52 billion, as demonstrated by the Center for Advanced Studies in Applied Economics (Cepea), from Esalq / USP, may count on new protagonists for, alongside soy, cotton, sugar, meat, ethanol and cellulose, to expand further as a factor of trade surplus and supply in the country and in the foreign market.

Original content

These are nuts, nuts and dried fruits, whose global consumption has grown at an annual average of 6%, according to the International Nut Council (INC). According to the sector's representative entity in Brazil, the Brazilian Association of Nuts, Nuts and Dried Fruits (ABNC / nuts), its annual exports were in the range of US $ 250 million in 2009, 2010 and 2011, but went on to fall in the following years. In 2020, the forecast is for them to close the year at US $ 137 million. The immediate challenges for the sector, both to increase production and foreign sales, are as follows: sanitary red tape; improved product registration; tax incentives to reduce inequalities in the face of subsidies to US producers and strong government support in China; granting of long-term financing for the production chain; intensive prospecting of the international market; production of macroeconomic statistics of the activity; and dissemination of information on the benefits and nutritional properties ...
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