Agro closes October with exports of US$ 8.8 billion


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Agricultural exports reached US$ 8.8 billion in October this year, growth of 10% compared to the same month in 2020, according to analysis by the Brazilian Confederation of Agriculture and Livestock (CNA) based on data from the Ministry of Economy. From January to October 2021, foreign sales totaled US$ 102.4 billion, an increase of 19.5% compared to the first 10 months of last year and a record value in the historical series, surpassing the US$ 101.2 billion registered throughout the year in 2018.

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As reported by CNA, soybeans led the list of products exported in October, with a share of 19.5%, revenue of US$ 1.7 billion, 94.3% more than in October 2020. Raw sugar it was the second most shipped item (US$ 720.4 million), although sales abroad fell 27.3% compared to the same month last year.

The most significant increase in foreign sales was for crude soybean oil, at 862.1%, which increased from US$ 18.5 million in October 2020 to US$ 178.3 million last month. Next, soybeans in grains (94.3%), fresh chicken meat (61.9%) and paper (37%) appear. In October 2021, 66% of agribusiness sales had 10 countries as their main destinations. The first was China, with a share of 25.5% of the total, followed by the European Union (14.2%), the United States (9.9%), Japan (3.3%) and Vietnam (2.9%). Completing the list are Chile (2.4%), Iran (2.1%), Thailand (2.0%), South Korea (1.9%) and India (1.9%).

By: Aline Merladete | agrolink

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