São Paulo – Brazilian agribusiness exports grossed US$ 5.87 billion in January, down 3.9% from January of last year, according to information released this Monday (9th) by the Brazilian Ministry of Agriculture, Livestock and Supply. According to the ministry, performance suffered due to a “widespread decline in average export prices of the main products.”
Export revenues dropped by 18.9% for meats, 5.6% for sugar and ethanol, 11.2% for forest products and 10.9% for soy bean, bran and oil.
In turn, exports were up 18.5% for cereals, flours and flour-based products and up 50.5% for coffee. Exports to virtually all parts of the world have declined. Exports to the Asian market, however, were up 17.2%.
*Translated by Gabriel Pomerancblum

