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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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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A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

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