From the Newsroom*
São Paulo – Brazilian agribusiness exports grew 12.1% in January in comparison with the same month in 2007 and reached US$ 4.282 billion. Imports grew even more, 60.7%, to US$ 1 billion. The trade balance surplus was US$ 3.2 billion.
The increase in foreign sales was boosted by soy and its derivatives, meats and cereals. The meat sector was the leader in values, at US$ 898 million in exports, up 25.5%. Exports of the soy complex rose 94.6% and reached US$ 678 million.
Among the main destinations for foreign sales are the Latin-American Integration Association (Aladi) – excluding the Mercosur, the economic bloc that includes Brazil, Argentina, Uruguay and Paraguay – with purchases 43.9% greater, Africa, with 29.3%, the European Union, with 26.4% and Asia, up 19.6% over January 2007.
*Translated by Mark Ament
