Soybeans are a major driver of the Brazilian economy, bringing together 240,000 farmers and creating jobs in small towns and big cities across the country. As the world’s leading soybean producer and exporter, Brazil is expected to further increase shipments in 2023.
Browsing: exportação de soja
Brazilian foreign sales totaled USD 19.6 billion, surpassing the previous record for the month, set in 2018. Soybean shipments drove the surge.
Last month saw 14.9 million tons shipped. More than half of quarter one sales went to China, but Algeria was one of the ten biggest importers.
The National Association of Cereal Exporters expects shipments to increase year-to-date through August from a year ago.
A research by FGV shows that Brazil needs to discuss a new foreign trade policy due to the concentration of exports on a few products and destinations.
