S\u00e3o Paulo \u2013 Brazil posted revenues of US$ 26.1 million from exports of soybean to the Arab countries in April this year, and of US$ 50 million in the first four months of the year. During the same periods of last year, the country had not sold the product to the countries in the League of Arab States, according to data culled from the electronic system of the Foreign Trade Secretariat at the Brazilian Ministry of Development, Industry and Foreign Trade. <\/p>\n
According to the economist at the Agricultural Federation of the State of Paran\u00e1 (Faep), Gilda M. Bozza, the trend reflects the taking over of a market share left by Argentina in the Arab market. \u201cThe leading suppliers to the market were Argentina and the United States, and Argentina had a failed crop (as a result of a historic drought),\u201d says Gilda. As for the United States, according to the economist, the Arabs themselves sought alternate suppliers. <\/p>\n
The soy crop in Argentina, which, similar to the Mid-South region of Brazil, is harvested from February to April, should amount to 31 million tonnes this year. Last year, the Argentineans harvested 43 million tonnes. <\/p>\n
Paran\u00e1 was the leading Brazilian soybean exporting state to the countries in the League of Arab States in April and also in the first four months of the year. Out of the US$ 50 million in revenues from soy sales to the region from January to April, Paran\u00e1 accounted for US$ 30 million. Of the US$ 26 million recorded in April, US$ 21.1 million were exported by the state of Paran\u00e1. <\/p>\n
Paran\u00e1 posted total revenues of US$ 629 million from soybean exports in the first four months of the year, growth of 26% over the US$ 497 million sold in the same period of 2008. The increase in volume was even greater, at 38%, due to the fact that there was a reduction in price. The state exported 1.7 million tonnes from January to April this year, as against 1.2 million during the same period of 2008, according to information supplied by the Faep.<\/p>\n
In addition to Paran\u00e1, the Brazilian states of Mato Grosso, Mato Grosso do Sul and Goi\u00e1s have also exported soybean to the Arab countries. According to data provided by the National Food Supply Company (Conab), Mato Grosso, Goi\u00e1s and Paran\u00e1 were the states that increased their planted area for soy this year. In total, Brazil planted 21.65 million hectares of soy, an area 1.6% larger than in the previous crop, and the three states mentioned above were the ones that contributed the most. <\/p>\n
The Arab nations that bought Brazilian soy, from January to April, were Saudi Arabia, with US$ 20.5 million, Morocco, with US$ 18.3 million, Egypt, with US$ 11 million, and Lebanon, with US$ 315. In April, the countries that purchased from Brazil were Saudi Arabia, with US$ 14.9 million, and Egypt, with US$ 11.1 million.<\/p>\n
*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
The Argentinean crop reduction expanded the market for Brazilian soy in the Arab world. Brazil posted US$ 50 million in revenues from sales of commodity to the region between January and April.<\/p>\n","protected":false},"author":1455,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[102],"tags":[],"class_list":{"0":"post-30889","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-agribusiness"},"wps_subtitle":"The Argentinean crop reduction expanded the market for Brazilian soy in the Arab world. Brazil posted US$ 50 million in revenues from sales of commodity to the region between January and April.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/30889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/1455"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=30889"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/30889\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=30889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=30889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=30889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}