Brazil: Agribusiness exports in September reached 13.9 billion dollars
In addition to the increase in prices, which rose 17.2% in the comparison between September 2022 and September 2021, the amount exported rose 18.1%.
In the accumulated period between January and September 2022, Brazilian agribusiness exports totaled US$ 122.07 billion, which represented an increase of 30.5% compared to the same period in 2021
Brazilian imports of agricultural products rose from US$ 1.25 billion in September 2021 to US$ 1.60 in September 2022 (+27.8%). Also in the case of imports, there was an increase in the price and quantum index, 14.3% and 11.8%, respectively.
The soy complex, the main exporting sector of Brazilian agribusiness, exported US$ 3.95 billion in September 2022 (+24.2%). The high prices of the sector's products were the main factor responsible for the increase in the exported value.
Foreign sales of meat had a record for the months of September, US$ 2.43 billion, with an increase of 11.2% in average export prices and a drop of 1.3% in the amount exported.
The sector of cereals had an increase reaching US$ 2.04 billion in foreign sales. The cereal responsible for this increase was corn, which had a record volume of 6.8 million tons for the month of September, almost 5 million tons higher than the volume exported in September 2021.
The sugar and ethanol complex ranked fifth among the main exporting sectors of Brazilian agribusiness, with shipments of US$ 1.48 billion (+52.4%). Sugar was responsible for most of the value exported by the sector, reaching US$ 1.24 billion in exports (+44.9%).
In addition to imported agricultural products, there was an increase in the import of various inputs used in agricultural production. Brazil purchased US$ 2.05 billion in fertilizers in September 2022. The value was 14.1% higher when compared to the same month of September 2021. The volume, however, had a reduction of 22.6%.
Asia remains the main geographic region importing Brazilian agribusiness products, having acquired US$ 6.39 billion in September 2022. The largest importing country of Brazilian agribusiness products, China, has increased imports of Brazilian agribusiness products to US$ 3.69 billion in September 2022, which meant a 13.1% growth in acquisitions compared to what was imported in the same month of 2021.
Two countries registered growth in the share of imports of agribusiness products above one percentage point: Iran (+2.8 points) and Indonesia (+1.03%).
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