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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

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