Brazil’s Agribusiness Exports Grow 19% Reaching US$ 54 Billion

Fruit from Brazil Brazilian agribusiness exports generated US$ 4.9 billion in November, an increase of 12.4% over the same month last year. In the accumulated result for the year, sector foreign sales have totaled US$ 53.7 billion, growth of 18.76% in comparison with the period from January to November 2006. The figures were disclosed on Friday, December 7, by the Ministry of Agriculture.

According to the ministry, the products that boosted the growth the most in November were meats, grain and its concoctions, the soy complex (grain, oil and chaff), tobacco and fruit juice. With regard to beef exports, the total was US$ 1.07 billion, 18.8% over the result for November 2006.

The performance was strongly influenced by the expansion of prices on the foreign market, including beef, chicken and pork. The volume of beef and chicken shipped, however, dropped 2.13% and 2.7%, respectively.

Foreign sales of the soy complex totaled US$ 633.3 million last month, rising 16.1% over the same month in 2006. The increase of prices of the commodity, 52%, was also essential for this performance, as the volume shipped dropped 23.6%.

With regard to destinations, sales to the other countries in the Mercosur (Argentina, Paraguay and Uruguay) grew 35.2% in November, to the European Union 27.4% and to the countries of the Latin-American Integration Association (Aladi), excepting those of the Mercosur, 34.5%.

In the accumulated result for the last 12 moths, always according to the ministry, the shipments generated US$ 57.9 billion, 18.3% more than in the previous period.

Imports of agricultural products totaled US$ 809 million, an increase of 23.8% over November last year. From January to November, foreign purchases reached US$ 7.8 billion, 30.3% more than in the same period in 2006.

The main products imported, according to the ministry, were wheat, paper, natural rubber and malt, which answered to around 40% of the import basket.

Anba

Tags:

You May Also Like

Brazil’s Pragmatic, Anti-American Look at Beijing’s Olympics

Brazilian people’s feelings about the Olympic games in Beijing are as diverse as the ...

Brazil’s Four-fuel Vehicle Ready for the Road

Brazilian cars may start cruising with an engine powered by four different fuels until ...

Brazil Wants to Restart Work on Nuclear Plant Paralyzed in 1988

The director of Planning, Management and Environment at Eletronuclear – the Brazilian company that ...

Brazil Takes Its Profit and Runs

Latin American markets ebbed across the board, as investors cashed in on recent gains. ...

Brazil’s Gol Next Flight: Uruguay

Brazilian no-frills airline Gol will be flying to Uruguay and Paraguay beginning in the ...

Brazil’s Embraer Delivers 108 Jets and Earns US$ 195 Million Net Income

Brazilian aircraft maker Embraer, the world's leading manufacturer of commercial jets up to 120 ...

Baianos of the World, Unite!

Lack of cohesion within the African Diaspora has denied African Brazilian communities significant political ...

In Brazil, Algeria President Urges Israel to Abide by the Law

The President of Algeria, Abdelaziz Bouteflika, who is representing the Arab League at the ...

UK Firm to Help Brazil Develop Polymer OLED Applications

Cambridge Display Technology (CDT) has struck a deal to sell inkjet printing equipment to ...

Best-seller Books, Plays and Movies

Preservation doesn’t get high marks in Brazil. In the last 100 years or so ...

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