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With a 0.5% advance in January 2026, Brazilian agribusiness grew against the trend of the manufacturing industry, sustained by the performance of food and beverages, the strength of protein and vegetable oil exports, and significant increases in biofuels and tobacco
Exports sustained the rise of Brazilian agribusiness at the beginning of 2026, with a 0.5% growth in January year-on-year. The result put the sector in the opposite direction of the manufacturing industry, which retreated 1.9% in the same period.
Exports boost food and beverages
The advance of agribusiness was mainly sustained by the favorable external scenario and the expansion of protein and vegetable oil exports. This performance occurred even with signs of a slowdown in the domestic economy.
The food and beverage segments grew by 1.9% and were entirely responsible for the increase recorded in the month. The food products area advanced 2.0%, driven mainly by items of plant origin.
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Vegetable products advance, but coffee retreats
Products of plant origin grew by 5.1%, with emphasis on preserves, juices, oils, rice, wheat, and sugar refining. Coffee production, however, showed a strong retraction and was among the negative points of the period.
In products of animal origin, the increase was 0.5%, the lowest result since September 2025. Meats, dairy products, and fish contributed to the positive performance, amid the role of exports at the beginning of the year.
Beverages grow with the strength of non-alcoholic drinks
The beverage segment advanced 1.3% in January, sustained by the 3.5% growth of non-alcoholic beverages. Alcoholic beverages saw a 0.8% drop, marking the eighth consecutive retraction.
Non-food products fell by 1.5%, reflecting difficulties in areas more dependent on the domestic market. Textile products led the losses, with a 7.6% retreat, followed by forest products, which fell by 2.3%.
Smaller sectors grow, but do not offset losses
Agricultural inputs retreated 0.5%, pressured by lower manufacturing of fertilizers and agricultural machinery. Among the positive results, biofuels grew 27.6% and tobacco advanced 12.1%.
Despite the expressive increases, these segments have less weight in the overall index and did not compensate for losses in other activities. The sustenance of agribusiness in the coming months will depend on external factors not yet reflected in January’s data, including geopolitical tensions and export behavior.
