Shipments abroad went up 13.8% in volume and 21.7% in revenues in reais in H1, but dollar revenues dropped. Saudi Arabia was the largest buyer with the UAE in the fifth spot.
Browsing: Agribusiness
The volume shipped from Brazil to other countries in the first half of this year was 712,000 tons, while 635,000 tons were shipped in H1 2015. Sales to Egypt soared by 20%.
In the first six months of the year, foreign sales of livestock and agriculture products from Brazil grossed USD 45 billion. The Middle East was one of the top buying regions.
Brazil’s 2015/2016 season harvest will decrease in size as against 2014/2015, the National Supply Company (Conab) has reported. Soy and maize output dropped. The Statistics Institute also expects production to shrink.
From the total amount of credit for farming in 2016/2017, USD 28 billion will go to farmers and cooperatives, with USD 3 billion earmarked for corporate agribusiness.
Brazil’s Foreign Trade Chamber has exempted the black and carioquinha varieties from charges, for a three-month period.
Ambassador Alaa Eldin Roushdy met with Agriculture minister Blairo Maggi. They talked expansion of trade of agricultural products and inputs.
The previously 10%¨fee was reduced by the Foreign Trade Chamber for a six-month period and up to the limit of 30,000 tons. Morocco and Oman are Brazil’s largest suppliers.
The previously 10%¨fee was reduced by the Foreign Trade Chamber for a six-month period and up to the limit of 30,000 tons. Morocco and Oman are Brazil’s largest suppliers.
The country imported the equivalent of USD 263 million from January to April of this year, down 31% from the comparable period in 2015.
The product’s exports dropped 17.4% in volume and 27.3% in revenues in May. Lebanon was listed as the 18th largest market for the Brazilian coffee abroad.
Shipments abroad dropped 0.6% over the same month of last year. Year-to-date, sales abroad are 7.4% higher with exports totaling USD 36.6 billion.
Foreign sales of beef from Brazil were up 8% in value and 14% in volume last month. Egypt was the fourth leading buyer and Saudi Arabia was ninth.
The National Supply Company forecasts a crop yield of 196.5 million tons of grains in the 2015/2016 period. A prolonged drought reduced production.
