Agribusiness Exports Reach Nearly $9 Billion in August

Written by Valdemar Medeiros

Published on 12/09/2020 at 13:06

Soja – exportações do agronegócio

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Agribusiness Sales Were Driven by Soybeans and Sugarcane. The Value Represents an Increase of 7.8% Compared to the Same Month in 2019

Brazil exported US$ 8.91 billion in agribusiness products in August of this year. The value represents a 7.8% increase compared to the same month last year (US$ 8.26 billion). The increase was due to the quantity of products exported, which recorded a 16.5% increase when comparing August 2019 to 2020. The growth was US$ 646.24 million in absolute values.

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The Secretariat of Commerce and International Relations of the Ministry of Agriculture, Livestock, and Supply (Mapa) released the Agribusiness Trade Balance on September 11 (Friday). According to the secretariat, the increase in external sales of soybeans and sugarcane was responsible for the month’s results. Agribusiness represented more than 50% of the country’s total exports.

Soybean Exports Reached US$ 2.21 Billion (+25.1%). Of This Total, China Purchased About 75%, Representing US$ 1.65 Billion

With the drop in sugar production in India and Thailand in the 2019/2020 harvest, there were new opportunities for Brazil to increase exports of the product, which reached US$ 960 million in August, with an increase of 107%.

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Agribusiness Exports Reach Nearly $9 Billion in August

Agribusiness Sales Were Driven by Soybeans and Sugarcane. The Value Represents an Increase of 7.8% Compared to the Same Month in 2019

Read Also

Soybean Exports Reached US$ 2.21 Billion (+25.1%). Of This Total, China Purchased About 75%, Representing US$ 1.65 Billion

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Dona Floripes is 103 years old, drinks Coca-Cola every day, dances alone at home, makes the doctor wait, and says she doesn’t consider herself old because old is what you throw away.

Dona Floripes is 103 years old, drinks Coca-Cola every day, dances alone at home, makes the doctor wait, and says she doesn’t consider herself old because old is what you throw away.

Agribusiness Exports Reach Nearly $9 Billion in August

Agribusiness Sales Were Driven by Soybeans and Sugarcane. The Value Represents an Increase of 7.8% Compared to the Same Month in 2019

Read Also

Soybean Exports Reached US$ 2.21 Billion (+25.1%). Of This Total, China Purchased About 75%, Representing US$ 1.65 Billion

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The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

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