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, resulting in a USD 1.71 billion decline owing to lower average export prices and less export volume. Notable highlights helped offset this decline, such as green coffee, cotton, cellulose, and raw sugarcane. Exports from the sugar and alcohol sector increased by 15.3% to USD 1.43 billion. Meat exports reached USD 2.13 billion, up 2%. From January to May 2024, exports were USD 67.17 billion, accounting for 48.4% of Brazilian exports. Agribusiness exports reached USD 166.38 billion during the prior year, representing a 2.4% increase.
Source: Gov.br (*Translated by Ia Niani)
AGRICULTURAL EXPORTS IN BRAZIL REACH MORE THAN USD 15 BILLION IN MAY
Published On - 25 de June de 2024