Led by Meat, Brazil’s Agribusiness Grows 12%

The Brazilian agribusiness exports yielded US$ 8.789 billion during the first three months of the year, with a 12% increase in comparison to the first quarter in 2004.

According to information released yesterday, April 11, by Brazil’s Ministry of Agriculture, this is a record for the period, in spite of the drought that hit the southern region of the country in the last months and caused losses in the crops.


The foreign purchases in the sector, in its turn, added up to US$ 1.223 billion, an increase in 0.58% in relation to the first three months last year.


The surplus for the period was favorable to Brazil in US$ 7.566 billion, also a historic record and 14.2% greater than what was registered in the first quarter of 2004.


According to the Ministry, the greatest increases were registered in the exports of meat (bovine, swine and poultry), sugar and alcohol, wood and wooden products, coffee, fruit juices, tobacco, vegetables and greens, milk, dairy products and eggs.


Concerning the destinations, the shipments to the Middle East increased in 28.7% and to Africa in 19.4%. The greatest increase, however, was registered in exports to Oceania (48.7%). In absolute terms, the greatest importers were, in this order, the European Union, the Nafta (excluding Mexico) and Asia.


In March alone the sector’s exports yielded US$ 3.423 billion, an increase in 5% in comparison to the same month last year. The imports, however, dropped 8.3% to US$ 454 million, which resulted in a surplus of US$ 2.97 billion, or 7.4% more than in March 2004.


The products that influenced the trade balance the most in the month were meats, sugar and alcohol and coffee. The shipments increased the most to Asia, the Nafta, the Mercosur and Africa.


Nearly US$ 40 Billion in 12 months


In the last 12 months shipments of Brazilian agribusiness yielded US$ 39.965 billion, value 22% greater than what was registered in the period from April 2003 to March 2004.


With US$ 4.887 billion in imports, the surplus favourable to Brazil was of US$ 35.078 billion. In this period, the products that influenced exports the most were the soy complex (grains, chaff and oil), meats, wood and wooden products and sugar and alcohol.


Africa (+37.7% and the Middle East (+33%) lost only to the South American countries, excluding the Mercosur (Argentina, Uruguay, and Paraguay), as the destinations that increased the most in the last 12 months.


Anba

Tags:

You May Also Like

Brazil’s Landless Double Invasions to Become Part of Presidential Campaign

The recent sharp increase in activity by Brazil’s Landless Rural Worker Movement (MST), as ...

Environmentalists Join Brazilian Indians to Oppose Amazon Dam

Indigenous people, environmentalists and social movements in Brazil are condeming news that an environmental ...

Aladdin, Ali Baba and the Building of the Brazilian Character

Brazilian Rafael Maia was not quite certain of where the Arab countries were located ...

Come October Brazilians Living Overseas Must Vote in Presidential Election

There are 86,000 Brazilians residing outside Brazil who will be voting in the October ...

Brazilian Students to Get Scholarships from UN’s Peace University

In an effort to stimulate the so-called "culture of peace" in Brazil, the Brazilian ...

Brazilian sugarcane cutter

World Won’t Buy Brazil Ethanol When It Finds Out How It’s Made, Says Congressman

Repercussions over Brazilian President, Luiz Inácio Lula da Silva, declaration earlier this week that  ...

Brazil and globalization

In the Globalization Going on in LatAm, Brazil Is Last in Line

Despite growing populism and political tensions, Latin America is becoming more globalized, according to ...

Brazilian Government Gives Fishing Its Own Ministry

The president of Brazil, Luiz Inácio Lula da Silva, sanctioned last week the bill ...

Grandmother Blasts Brazil for Selling Out Sean Goldman and Vows to Visit Him Soon

Silvana Bianchi, the grandmother of Sean Goldman, the 9-year-old American boy who was taken ...

In Brazil, Teaching the Koran in the Original

In the corridors of the Brazilian Islamic School, in the Vila Carrão neighborhood in ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`