Brazil Agribusiness Reaps Record US$ 29 Billion Surplus

Brazilian agribusiness registered a US$ 28,719 billion trade surplus from January through September. Exports rose 8% and totaled US$ 32,482 billion.

It is a historical record for the period, according to information issued by Brazil’s Ministry of Agriculture, Livestock and Supply.

During the first nine months of 2005, beef in natura exports rose 34%; poultry in natura, 29%; pork, 65.6%; coffee beans, 58.3%; sugar, 60%; alcohol, 41.5%; and milk, 40.8%.

The European Union was the main buyer of Brazilian products (32.5% of total exports), followed by Asia (19.7%), NAFTA (14.9%), Eastern Europe (8.6%), Middle East (7%), and Africa (6.6%).

In September, Brazilian agribusiness external sales totaled US$ 3.820 billion, with a 0.5% negative variation when compared to the same period in 2004.

ABr

Tags:

You May Also Like

Lula Wins, Brazil’s Senate Committee Says Yes to Venezuela in Mercosur

Brazil's Senate Foreign Relations Committee gave its green light this Thursday, October 25, to ...

A Virtual Market of Eco-Friendly Amazon Products

Through the National Forest Program, Brazil’s Ministry of Environment is participating in Fashion Rio ...

Ahmadinejad Is on His Way to Brazil. Rio Protests, Lula Defends

About 1,000 people gathered this Sunday morning in Ipanema beach, in Rio de Janeiro, ...

RAPIDINHAS

At this stage, while campaigning is unofficial, the media should be exposing the inefficiency ...

Worker cuts sugar cane in Brazil

Brazil’s Ethanol Producers Call the US’s Free-Trade Bluff

Contrary to the usual outcome of Washington’s subsidies to U.S. farmers, recent grants for ...

Brazil’s Interest Rates Are Still 6 Times Higher Than the US’s

The Brazilian Central Bank cut the benchmark Selic lending rate 25 points to 19.5% ...

Brazil Shows the Winners of Low Cost Housing Competition

Sponsored by the Institute of Architects of Brazil (IAB) and the Society of Housing ...

Journalist Executed in Brazil with 8 Shots to the Head

International pro-free-press organization Reporters Without Borders voiced dismay on learning that freelance photographer Robson ...

Brazil’s Lord Protector

There is no discussion in which Brazil’s Chief of Staff José Dirceu does not ...

Brazil Sees G-20 US$ 1 Trillion Injection as Oxygen to World Economy

The decision by the G-20 to inject US$ 1.1 trillion into the global economy ...