BRAZILIAN EXPORTS GREW 3%

Brazilian exports reached $140 billion from January to October, marking a 3% increase compared to the previous year, as announced by the Secretary of Commerce and International Relations, Roberto Perosa. The export volume also grew by 10%, with the soybean sector standing out with an increase of almost $5 billion. The annual balance covered topics such as market openings, the trade balance, and initiatives for the recovery of degraded pastures. The secretary highlighted the opening of 71 new markets, including flour and fish oil to Colombia and canned meats to Japan. Chinese representatives are set to visit Brazil in December to inspect meatpacking plants.
Source: AgroLink