According to the Seade Foundation, São Paulo’s GDP expanded 1.9% from January to April 2025 compared to the same period of 2024. This was mostly because of agriculture, which grew by 7.8%, and services, which grew by 3.1%. The agriculture sector stood out with sugarcane, beef, grains, and orange juice. These made up 40.6% of all exports from São Paulo in the first five months of the year. The sugar-alcohol complex (24.3%), beef (14%), soybeans (11.7%), juices (11.5%), and forest products (11.4%) were crucial for exports. Governor Tarcísio de Freitas said that the results show that the state’s management is on the right track, with a focus on creating jobs, encouraging entrepreneurship, and bringing in investments.
Source: R7 News (*Translated by Ia Niani)
AGRICULTURE DRIVES A 1.9% INCREASE IN SÃO PAULO’S GDP DURING 2025 Q1
Published On - 3 de July de 2025