R$ 35.1 Billion in Bahia: With a 13.1% Growth Compared to the Same Period Last Year, State Agribusiness GDP Shows Impressive Numbers

Written by Fabio Lucas Carvalho

Published on 12/10/2024 at 10:11

Foto: AB

Seja o primeiro a reagir!

The Agricultural Sector’s GDP in Bahia Grew 13.1%, Reaching R$ 35.1 Billion. See How This Expansion Is Strengthening the State’s Economy and Which Sectors Driven These Impressive Numbers!

The agricultural sector in Bahia recorded an impressive performance in the second quarter of 2024, with a growth of 13.1% compared to the same period last year. According to data released by the Secretary of Agriculture, Livestock, Irrigation, Fishing, and Aquaculture, the Gross Domestic Product (GDP) of the sector reached R$ 35.1 billion in current values, representing 28.4% of Bahia’s economic activity.

This result highlights the relevance of the agricultural sector as one of the main drivers of the state’s economy.

One of the highlights during this period was Aggregate II, which encompasses agriculture and livestock, responsible for 59.6% of the total agricultural activity in Bahia.

ARTICLE CONTINUES BELOW

See also

The harvest of major crops, such as soybeans, corn, and cotton, was fundamental to this growth. Historically, the second quarter is the most intense phase of agricultural production in the state, reinforcing the impact of this seasonality on the performance of the sector.

The Superintendence of Economic and Social Studies of Bahia (SEI) classifies the GDP of the agricultural sector into four aggregates. Aggregate I includes inputs for agriculture, such as fertilizers and pesticides. Aggregate II includes direct production, such as agriculture, livestock, forestry, plant extractivism, and fishing.

Aggregate III refers to industries that use products from Aggregate II, and Aggregate IV encompasses transportation activities, commerce, and services related to the distribution of agricultural products.

Excellent Numbers

For the first half of 2024, the sector generated R$ 51.96 billion, representing 21.69% of Bahia’s GDP. Compared to the same period in 2023, the growth was 5.2%, highlighting the agricultural sector as a central pillar for the state’s economy.

This evolution not only reinforces the importance of the sector for Bahia but also shows its role as an engine of economic growth.

The strong presence of the agricultural sector in Bahia’s GDP in the second quarter is directly related to the seasonality of agricultural production and the appreciation of products such as coffee, oranges, and other fruits.

These factors contributed to the increase in the share of the agricultural sector in Bahia’s economy, which rose from 13.7% in the first quarter to 28.4% in the second. This expansion trajectory signals a promising future for the sector, consolidating its strategic importance for the state.

With these numbers, Bahia’s agricultural sector establishes itself as one of the main engines of economic growth, attracting investments and further strengthening its position in the state and national landscape.

0 Comentários

Mais recente

Mais antigos Mais votado

Feedbacks

Visualizar todos comentários

R$ 35.1 Billion in Bahia: With a 13.1% Growth Compared to the Same Period Last Year, State Agribusiness GDP Shows Impressive Numbers

The Agricultural Sector’s GDP in Bahia Grew 13.1%, Reaching R$ 35.1 Billion. See How This Expansion Is Strengthening the State’s Economy and Which Sectors Driven These Impressive Numbers!

Excellent Numbers

Family without running water in the interior of Ceará takes out a loan to drill an artesian well and discovers possible oil, but cannot use it, cannot sell it, and is left with a debt of R$ 15,000.

On the Greek island of Ithaca, archaeologists have found what may be a sanctuary dedicated to the legendary Odysseus, with inscriptions bearing his name and votive offerings that span from the Mycenaean to the Hellenistic era.

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.

Spain surprises the world by erecting 62 artificial dunes, mixing sand with natural remains of posidonia, and causing the structure to lose only 1.4% of its volume in 1 year.

After two years of internal discussions, Paraguay has finally regulated the law that opens the country to foreign technology and service companies with tax incentives that promise to create thousands of jobs and change the economy.

Map reveals how the Earth may look in 250 million years: continents will reunite in the Last Pangaea, 92% of the planet could become uninhabitable for mammals, and Spain appears among the rare possible exceptions.

Why fighter pilots never return after ejecting: the seat launches the body at 600 km/h in 1 second, compresses the spine, reduces G tolerance, and leads to medical disqualification, not punishment.

They seemed like common bones, but scientists were surprised to find a relic over 12,000 years old that dates back to before the Bronze Age.

The factory shows how PHC piles and precast tubes are made; steel turns into a welded cage, high-strength concrete enters the mold, spins in centrifugation, cures in steam, and is ready in hours.

With an almost perfect ring of 70 km visible from space, known as the “Eye of Quebec” and over 100 km in length, the Manicouagan Crater in Canada reveals the colossal mark left by a giant asteroid and has become one of the most impressive formations ever identified on the Earth’s surface.

A 68-year-old pizza delivery driver went off route to buy a soda that was missing from a visually impaired customer’s order, refused an extra tip, and now Dan Simpson has over R$ 546,000 in donations from people around the world who want to ensure he can retire peacefully on April 30.

Scientists have found in China dinosaur embryos dating back 190 million years in various stages of development, and the discovery still preserves traces of extremely rare proteins in the bones, something that could change what is known about life before hatching.

R$ 35.1 Billion in Bahia: With a 13.1% Growth Compared to the Same Period Last Year, State Agribusiness GDP Shows Impressive Numbers

The Agricultural Sector’s GDP in Bahia Grew 13.1%, Reaching R$ 35.1 Billion. See How This Expansion Is Strengthening the State’s Economy and Which Sectors Driven These Impressive Numbers!

Excellent Numbers

Family without running water in the interior of Ceará takes out a loan to drill an artesian well and discovers possible oil, but cannot use it, cannot sell it, and is left with a debt of R$ 15,000.

On the Greek island of Ithaca, archaeologists have found what may be a sanctuary dedicated to the legendary Odysseus, with inscriptions bearing his name and votive offerings that span from the Mycenaean to the Hellenistic era.

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.

Spain surprises the world by erecting 62 artificial dunes, mixing sand with natural remains of posidonia, and causing the structure to lose only 1.4% of its volume in 1 year.

After two years of internal discussions, Paraguay has finally regulated the law that opens the country to foreign technology and service companies with tax incentives that promise to create thousands of jobs and change the economy.

Map reveals how the Earth may look in 250 million years: continents will reunite in the Last Pangaea, 92% of the planet could become uninhabitable for mammals, and Spain appears among the rare possible exceptions.

Why fighter pilots never return after ejecting: the seat launches the body at 600 km/h in 1 second, compresses the spine, reduces G tolerance, and leads to medical disqualification, not punishment.

Extreme heat is already invading crops, reducing productivity and putting pressure on livestock, fishing, and forests worldwide, and data from the FAO shows that the increase in temperatures has shifted from being a climate risk to a direct threat to global food production.

Spine-free pineapple, sweeter and more resilient: Mato Grosso develops new cultivars that promise to reduce losses from fusariosis and increase productivity in the field.

BNDES releases R$ 129 million for CNH Industrial Brazil to create more modern agricultural machines, with eight projects that include harvesters, accessible tractors, and a planter capable of applying seeds, fertilizers, and inoculants all at once in the Brazilian field.

From manual harvesting to robotics: Vacaria, the apple capital, becomes an Embrapa laboratory in Semear Digital, with point-to-point mapping, pest traps, traceability, and 2D orchards to combat labor shortages.

In 2026, Brazilian soy becomes airplane fuel: Corsia mandates SAF, oil gains a premium of 40% to 80%, biorefineries alongside crushing plants and long-term contracts remove the producer from the commodity discount.

They seemed like common bones, but scientists were surprised to find a relic over 12,000 years old that dates back to before the Bronze Age.

The factory shows how PHC piles and precast tubes are made; steel turns into a welded cage, high-strength concrete enters the mold, spins in centrifugation, cures in steam, and is ready in hours.

With an almost perfect ring of 70 km visible from space, known as the “Eye of Quebec” and over 100 km in length, the Manicouagan Crater in Canada reveals the colossal mark left by a giant asteroid and has become one of the most impressive formations ever identified on the Earth’s surface.

A 68-year-old pizza delivery driver went off route to buy a soda that was missing from a visually impaired customer’s order, refused an extra tip, and now Dan Simpson has over R$ 546,000 in donations from people around the world who want to ensure he can retire peacefully on April 30.

Scientists have found in China dinosaur embryos dating back 190 million years in various stages of development, and the discovery still preserves traces of extremely rare proteins in the bones, something that could change what is known about life before hatching.