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Exports of agribusiness grow 40% in October

Agribusiness

The flagship has been soybeans, whose sales reached US $ 939.26 million in 2017

Brazilian agribusiness continues to celebrate good numbers in the export field. In October, growth was 39.9% over the same month of the previous year, reaching US $ 8.02 billion. Imports fell by 5.5% to US $ 1.14 billion. With this result, the sector highlights the increase in the surplus, from US $ 4.53 billion to US $ 6.89 billion.

In October, products of vegetable origin accounted for 78.1% of the volume of agribusiness exported in the month, totaling US $ 6.27 billion, and animal products totaled US $ 1.75 billion. The soybean complex led vegetable exports, especially the grain, whose sales reached US $ 939.26 million. 

Meats ranked second with US $ 1.42 billion, with chicken exports (US $ 623.78 million (+ 24.4% in 12 months) and beef exports, with US $ 601.65 million (+ 38.1%), with record sales of 335,24 thousand tons and 119,08 thousand tons, respectively, but there was a decrease in sales of pork (-7 , 8%, falling to US $ 134.35 million) and turkey meat (-19.5% to US $ 25.30 million).

Asia continues to be the main buyer of agro-Brazilian products. October alone was $ 3.30 billion, an increase of 56.5%. As a result, the region's share of total exports increased from 36.8% to 41.1%.

Accumulated for the year
In the accumulated period of the year, considering the period from January to October, the volume shipped increased by 12.2% compared to the same period of 2016, reaching US $ 82 billion.

Imports also increased from US $ 10.99 billion between January and October 2016 to US $ 11.82 billion between January and October 2017 (+ 7.6%).

 

Source: Government of Brazil, with information from the Ministry of Agriculture, Livestock and Supply