Agribusiness – Sector Reached US$ 1 Trillion in Exports in the Decade

Written by Roberta Souza

Published on 06/01/2021 at 15:36

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The Ministry of Economy Released Data on the Trade Balance for 2020, Which Shows That Agriculture Reached Great Numbers in Exports

Last Monday, the Ministry of Economy showed data indicating that, over the last ten years, the agriculture sector has become increasingly important and accounts for a large part of the economy. From 2011 to 2020, the export value of the sector is close to 1 trillion dollars and the trade balance of the sector is 800 billion dollars. Exports not only affect the income and investment capacity of producers but also domestic prices, which in many cases begin to reflect external values.

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So far, the country’s evolution in number and variety of products in the market has not been fully developed, such that the share of agriculture exports accounted for 37% of the total trade balance in 2000, rising to 49% in 2020.

Producing and exporting food while relying on inputs, agriculture has allowed Brazil to transport 2.8 million tons of pesticides and 233 million tons of fertilizers to the border. The total spending on these inputs is US$ 99 billion.

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Agribusiness – Sector Reached US$ 1 Trillion in Exports in the Decade

The Ministry of Economy Released Data on the Trade Balance for 2020, Which Shows That Agriculture Reached Great Numbers in Exports

Check It Out:

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Agribusiness – Sector Reached US$ 1 Trillion in Exports in the Decade

The Ministry of Economy Released Data on the Trade Balance for 2020, Which Shows That Agriculture Reached Great Numbers in Exports

Check It Out:

Is a smart plug worth it in a regular home? What does it offer: turns on and off via smartphone, creates routines by schedule, prevents forgotten devices, sometimes monitors consumption, and improves habits without renovation or miracles.

Geographers redefine the Brazilian relief and confirm the presence of mountains in 14 states with a new system that changes historical criteria and alters the way the territory is classified.

Archaeologists have discovered a colossal submerged wall in the Atlantic, dating back 7,000 years and weighing 3,300 tons, regarded as the largest prehistoric submerged structure ever found in France.

There is a city in China right next to Hong Kong where people speak Portuguese, the streets have names in Portuguese, and the architecture looks like it came straight out of a historic city in Brazil.

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