Brazilian agribusiness exports down 2.4% in April

Brazil shipped USD 8.57 billion worth of goods last month. Year-to-date, however, sales were up 0.2%.

From the Newsroom

São Paulo – Brazilian agribusiness exports reached USD 8.57 billion in April, a year-on-year 2.4% drop according to information released this Wednesday (15) by Brazil’s Ministry of Agriculture.

Year through April, exports yielded USD 30.42 billion, a year-on-year 0.2% increase. Shipped volume climbed 5.9% while the average price of traded goods dropped 5.4%.

Main products Brazil exporter year through April were soy (grains, oil and bran), forest products, meat, coffee, and cereals. The ministry highlighted that sugar and alcohol complex have left the list of top five exporting sectors.

The ministry also stressed that pulp shipped volume climbed 2.6% hitting a record for the period. Revenue was up 8.5%, to USD 3 billion, also a record. Meat, coffee and cereal exports have also increased.

However, there was a 0.6% revenue drop with soy complex sales.

Brazilian agribusiness exports to the Middle East grew 14% year through April. The region participation in Brazilian total exports grew from 7.3% to 8.3%.

Translated by Guilherme Miranda


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