The Arab market answers to 35% of the Brazilian milk and dairy product foreign trade, but the market may grow. Sales to the Middle East and North Africa are helping the sector make its foreign trade balance positive. Bilateral trade, which is normally negative for Brazil, has already shown greater exports than imports in September.
Browsing: Agribusiness
The intention of creating a unified operation was announced last week by the Brazilian Mercantile & Futures Exchange and by the Rosario Futures Exchange. Together both countries harvest more soy than the United States, the largest world producer. However, international commodity prices are dictated by the Chicago Board of Trade. According to specialists, if the deal works out, it may bring benefits in terms of the price calculation and reduction of the farmer risk due to oscillation.
Among the destinations is the United Arab Emirates, a new market for the sector. Holland, however, is the main buyer and the southeastern Brazilian state of São Paulo is the largest producer in the country. The sector in which shipping has grown most is fresh flowers.
Apple export has reached US$ 72.5 million up to September this year, a value 91% greater than that registered last year. This performance, generated by the harvest of 989,000 tonnes of the fruit, should put apples in the first place among Brazil fruit exports, exceeding mangos, grapes, and melon. Last year, the fruit was the fourth most traded by the country on the foreign market.
Between January and September this year, 544,000 tonnes of the Brazilian product were shipped to the region, yielding US$ 488 million.
Based in the city of Guaxupé, Minas Gerais, the cooperative exports to over 30 countries. Up to September this year, shipping had totalled 1.3 million bags of coffee. The target is to reach 1.5 million bags up to December, with revenues of almost US$ 313.5 million, around 30% more than in 2003, an estimated US$ 229.9 million.
Beef shipped to foreign markets last month totalled 114,000 tonnes, which amounts to US$ 241 million.
Coffee producers had revenues of US$ 1.3 billion with sales to foreign markets between January and August, whereas in the same period of the previous year, this value was of US$ 1 billion.
If confirmed, the value should represent a 30% increase with regard to last year. The Brazilian export profile has started changing with greater participation of flowers in the trade balance, with the development of production poles, and with the diversification of destinations. The Arabs are among the main markets to be prospected in the near future.
