Agribusiness Boom Confirmed into 201321 February 2013
BRAZIL - Exports from agriculture reached $96.66 billion from February 2012 to January 2013 - a growth of 1.1 per cent over the previous year.
The main growth sectors were cereals, flours and preparations ($3.27 billion); soybean (+$1.04 billion); fibre and textiles (+$396.933 million), tobacco ($274.01) and livestock (+ $185.99 million). Figures show Brazil to be a net exporter within the sector, having a positive trade balance of US$ 80.28 billion.
The soybean industry grew most rapidly over the period with a 4.2 per cent increase and represented 66.5 per cent of export value at $ 16.98 billion. Soybean meal exports totalled 13.85 million tons and soybean oil amounted to 1.69 billion tons.
Meat grossed US$ 15.83 billion in the period. Chicken meats lead the increase totalling 3.7 million tonnes.
Beef (1.27 million tonnes) and Pork (500,000 tonnes) were collectively worth $7.35 million.
Ethanol exports stood at $2.34 billion and and sugar brought $13.21 billion into Brazil’s economy.
Month of January
Exports reached the record monthly figure of $6.58 billion, up 14.7 per cent on the previous January. Overall the agribusiness trade balance reached $5.12 billion.
Sugar cane value was $1.34 billion in January and accounting for 48.4 per cent of sales.
Meats were second in export value rising 7.7 per cent on January 2012 numbers to $1.18 billion with export quantities rising 35.8 per cent. Beef exports ($515 million) and Pork exports ($104 million) were also strong.
Cereals and related products lay in third position last month. Industry sales reached $1.12 billion, an increase of 200.5% compared to January 2012. Corn was fundamental in this rise with $947 million with of exports in January 2013.
Shipped corn increased by almost 300 per cent to 3.37 million tonnes. January 2012 figures were below one million tonnes.
TheMeatSite News Desk