São Paulo – Revenues from Brazilian agribusiness exports exceeded US$ 6 billion in March, representing growth of 25.5% over the same month of last year, according to data disclosed today (8th) by the Ministry of Agriculture, Livestock and Supply. It was the second best result ever recorded in a month of March, still according to the ministry.
Saudi Arabia was a highlight among target countries. Exports to the country grew by 50.2% last month, when compared with March 2009. As a region, the Middle East was a highlight as well, with an increase of 35.4% in imports of Brazilian products.
According to the ministry, the performance in March was driven by greater shipments of forestry products (62.1%), soy oil, grain and chaff (18.3%), sugar and ethanol (48%), meats (24.8%), coffee (26.2%), and leather and its products (59.6%).
In the first quarter, exports totalled US$ 14.5 billion, an all-time high for the period, 15% more than in March of last year, and 4% above the figure for the first quarter of 2008, which preceded the worsening of the international financial crisis.
*Translated by Gabriel Pomerancblum
