In May 2024, the total value of Brazilian agriculture exports amounted to USD 15.05 billion, accounting for 49.6% of Brazil’s total exports. This represented a 10.2% decrease compared to May 2023, primarily due to lower average export prices and export volume reduction. Notable highlights helped offset this decline, such as green coffee (USD 392.21 million), not carded or combed cotton (USD 337.30 million), cellulose USD 298.95 million), and raw sugarcane (USD 114.63 million). From January to May 2024, agriculture exports reached USD 67.17 billion, experiencing a minimal decrease of 0.2%, reflecting the reduction in the prices of exported products, despite an increase in volume.
Source: MAPA / Notícias Agrículas (*Translated by Ia Niani)
AGRICULTURAL EXPORTS REACH MORE THAN USD 15 BILLION IN MAY
Published On - 25 de June de 2024