AGRIBUSINESS EXPORTS WERE 3.9% HIGHER IN APRIL; REFINED SUGAR STANDS OUT

In April, Brazilian agribusiness exports reached USD 15.3 billion, a 9.1% increase compared to March, and a 3.9% increase compared to April 2023. In the first four months of 2024, exports totaled USD 52.5 billion, showing a 37% increase over the same period in 2023. Notable highlights include refined sugar, with exports of 280 thousand tons (a 29.4% increase compared to March and a 128% increase compared to April 2023), and soybeans, with 14.7 million tons exported (an 11% increase compared to March and a 2.5% increase compared to April 2023). However, corn experienced a significant drop, with only 64 thousand tons exported (a 95.2% decrease compared to March).
Source: RPA News (*Translated by Ia Niani)