Brazil agribusiness exports reached a total of US $ 5.67 billion in January

Agribusiness exports were the US $ 5.67 billion in January this year, which meant a decrease of 1.3% compared to January last year (the US $ 5.75 billion).

Feb 17, Sao Paulo: According to the Secretariat for Trade and International Relations (SCRI), of the Ministry of Agriculture, Livestock and Supply, the drop in soybean grain exports, of almost half a billion dollars, explains the drop in agribusiness exports in January.

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This reduction was largely offset by an increase in the export value of four products: corn (+ 42.5% or + US $ 148.96 million in absolute values), raw cane sugar (+ 35.6% or + US $ 141.06 million in absolute values), green coffee (+ 30.2% or + US $ 108.05 million in absolute values ) and soybean meal (+ 28.3% or + US $ 99.17 million absolute values).

Imports of agribusiness products, in turn, increased by 6.5%, from the US $ 1.22 billion (January / 2020) to the US $ 1.30 billion in January 2021. The balance resulted in the US $ 4.37 billion.

Corn

External sales of corn were predominant in the cereals, flours and preparations sector, reaching the US $ 499.86 million (+ 42.5%), with an increase of 22.1% in the volume exported and 16.7% in the average price of cereal export.

According to SCRI, corn shipments began an upward trend as of August 2020, due to the delay in harvesting the second crop last year, due to climatic issues.

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Sugar

Raw cane sugar exports were recorded in volume in January, with 1.85 million tons (+ 31.7%). The Brazilian product follows a positive trajectory started in 2020, due to declines in production in the main Asian producers, which stimulated the recovery of international prices and the exported values of the commodity.

Coffee

Shipments of green coffee registered the US $ 466.20 million (+ 30.2%). The volume of green coffee exported was a record for the months of January, reaching 221.88 thousand tons (+ 35.8%).

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Soybean meal

Soy bran in January was the highlight of the complex soy sector (grains, bran and oil) reaching the US $ 449.59 million, an increase of 28.3%. Sales were influenced by the 27.2% increase in average prices, as volumes remained practically the same compared to January 2020 (+ 0.8%). The increase in prices reflects the low stock of passage of soybeans in the main world exporters, such as the United States and Brazil.