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Agribusiness Boom Confirmed into 2013

21 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.

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