Agribusiness in São Paulo grew 13.1% from January to September 2021 compared to the same period last year. According to the Agricultural Economics Institute (IEA-APTA), agribusiness increased by 12.4% in São Paulo, reaching US$ 14.36 billion, and a growth of 9.9% in imports, totaling US$ 3.34 billion. The five main products of agribusiness exports in the first nine months of 2021 were: sugar and alcohol complex (US$ 4.84 billion, of which sugar represented 87.7% and alcohol 12.3%); soy complex (US$ 2.17 billion), meat sector, juice sector (US$ 1.21 billion, of which 96.3% refer to orange juice) and forest products. The main destination was China (US$ 3.83 billion, a 26.7% share and a positive variation of 21.2% compared to the same period in 2020) followed by the European Union (US$1.89 billion, 13.2% share and 8.0% increase over 2020) and the United States (US$1.39 billion, 9.7% share and positive variation of 20, 8%).
Source: Agrolink (*Translated by Ia Niani)