In Brazil, Agribusiness Is Down But Meat Exports Are Up

Brazilian cattleMeat exports rose 10.7% in Brazil, in January, compared with the same month of last year, and totaled US$ 868.4 million. Despite the good performance, the segment did not guarantee growth in overall agribusiness exports, which dropped by 1.8% compared with January 2009 and totaled US$ 4 billion.

According to figures disclosed by the Ministry of Agriculture, Livestock and Supply, with regard to meats, raw meat had the best performance. Foreign sales of the product grew 43.1%, and generated revenues of US$ 318 million, equivalent to 18.4% of total meat exports.

Sales of the so-called sugar and alcohol complex were also good. Sugar exports increased by 34.3%, leading to a 28.3% rise in exports, which totaled to US$ 845.6 million. Coffee was another highlight in the export basket. The product had growth of 13.8% in shipments, with US$ 358.9 million in revenues.

According to the ministry, the drop in overall exports resulted from reduced exports of the soy complex, which consists of grain, chaff and oil. Sales fell by 55.3% volume-wise and by 40.5% in terms of value. This was so because sales took place earlier than usual in 2009.

Despite the overall decline, exports to several countries increased. Two of them were the United Arab Emirates, which purchased 50% more, and Algeria, to which sales grew by 49%. India was the highlight, with an increase of 148.8%.

Anba

Tags:

You May Also Like

Brazil’s Inequality: 1% of Richest Have as Much as 50% of Poorest

The 1.7 million wealthiest Brazilians, which correspond to 1% of the country’s population, have ...

U.S. Hints that Any Brazilian Retaliaton Will Be Met With Fitting Response

Talking to reporters in Brazil, the American Deputy Secretary of State, Robert B. Zoellick, ...

Paraní¡, Brazil, Promotes Seminar to Boost Its Overseas Sales

The state of Paraná, in the South of Brazil, is promoting the 1st Seminar ...

Taí­s Araújo is Xica da Silva in Brazilian soap opera

Xica, the Brazilian Slave Who Became Empress, Is Back on US TV

Ten years after becoming a hit in Brazilian TV, the novela (soap opera) Xica ...

In Europe, Brazil President Says World Needs to Shop More to Get Out of Crisis

The president of Brazil, Dilma Rousseff told reporters she did not recommend adopting harsh ...

Letters

“America, the Ugly” redux I disagree with Mr. Raymond Mataloni’s letter in your March ...

England and France Favor Permanent Seat for Brazil at UN

During a speech at the UN General Assembly yesterday, British Foreign Secretary, Jack Straw, ...

Surplus Keeps Raising for Brazil’s Trade Balance

In the second week of February (7-13), Brazil’s trade balance produced a surplus of ...

Brazil Goes to Middle East Looking for Investors and Opportunities

Businessmen who are going to participate in the trade delegation from the southern Brazilian ...

Real Income Gets Modest Boost in Brazil

In January, the real average income of workers in the six main metropolitan regions ...