Agribusiness Exports Bring 28.6 Million to Brazil, 10% More than Last Year

Brazilian agribusiness exports yielded US$ 4.38 billion in August, an increase in 16% in comparison with the same month last year, the best monthly performance in the year and a record for the period.

According to the information released Tuesday, September 6, by Brazil’s Ministry of Agriculture, the products that influenced the performance the most were soy, meats, sugar, alcohol and coffee.


The shipments of the soy complex (grains, oil and chaff), for example, yielded US$ 1.11 billion in the month, or 10% more than in the same period last year.


“This performance was the result of an increase in the quantity shipped, once the prices continue below those registered last year,” says the statement released by the Ministry.


Meats exports, in turn, added up to US$ 820 million in August, an increase in 32.3% over the same month in 2004. According to the Ministry, in natura beef shipments increased by 42.2%, in natura poultry by 30% and pork by 25.8%.


Sugar external sales yielded US$ 409 million, 53% more than in August last year. In the case of alcohol, shipments yielded US$ 57.7 million, with an increase by 13.7% in comparison to the same period in 2004. The coffee sector exported the equivalent to US$ 279.3 million, with an increase in 50.5% in comparison to August last year.


Destinations


The ministry highlighted that as most expressive the increase in exports to the other countries in the Mercosur (Paraguay, Uruguay and Argentina, with 16%), European Union (24,3%), Eastern Europe (31%), Asia (12%), Middle East (6.7%) and Africa (58.7%).


In August the imports of the sector added up to US$ 462 million, or 18% more than in the same month last year. In the accumulated values of the first eight months in 2005, exports in Brazilian agribusiness have already yielded US$ 28.6 billion, an increase in 10% in comparison to the same period in 2004. In the last 12 months, shipments yielded US$ 41.6 billion, or 11.3% more than in the previous period.


Anba – www.anba.com.br

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

Ads

You May Also Like

Will Debt-Ridden Brazil Follow Argentina’s Lead?

With the successful termination of Argentina’s debt swap offer on February 25, President Kirchner’s ...

Drought in the South Brings Brazil Worst Harvest Drop in 20 Years

Brazil is going through the major decrease in agricultural production in the last 20 ...

Soy plantation in Brazil

Brazil Expecting a 10% Drop in Grain Crop

The 2008/09 Brazilian harvest is forecasted to experience a loss of 5 to 10% ...

Brazilian Tunes for When Carnaval Is Gone

During Carnaval in Rio, Brazil, the streets vibrate with the thunderous beats of the ...

Iran ambassador to Brazil, Mohsen Shaterzadeh

Iran Tells Brazil It Has Close to US$ 4 Trillion and Is Looking for Deals

Teheran wants to expand its economic relations with Brazil. This according to Iranian ambassador ...

Lula Hints Brazil Might Use Public Money to Rescue Bankrupted Varig

Brazilian President Luiz Inácio Lula da Silva said Friday, April 28, that the government ...

Lula and Putin Sign Contract for First Brazilian Astronaut’s Flight

The contract that will permit Brazilian Air Force lieutenant-coronel Marcos Pontes to travel to ...

Rio, Brazil, street kid searches for lost coins under the drain

When I See What’s Going on in Brazil I Feel Like Picking Up a Gun

They come every trash day. A black man in his twenties and his son, ...

Revlon’s New Face

One of the strategies of Revlon’s new spokesmodel was to abbreviate her name from ...

Lula and Dilma Rousseff

Lula Again Comes to the Rescue of Brazilian President Rousseff on Corruption Case

The former president of Brazil, Luiz Inácio Lula da Silva said president Dilma Rousseff ...