China responded for 40% of Brazilian agricultural exports in the first half of this year, according to a survey carried out by the Ministry of Agriculture’s Secretariat for Trade and International Relations and obtained by Broadcast Agro, Grupo Estado’s real-time news system. From January to June this year, US $ 20.5 billion were generated from sales of agricultural products to the Chinese. “In 2020, China’s participation in agro exports was a record,” says the report. Then, among the main destinations, come the other countries in Asia (17%) and the European Union (16%). The top 10 products exported by Brazil represented 80% of the agribusiness export revenue. Of the total, R$ 20.5 billion came from soybean sales (40%). Another R$ 4.5 billion was generated by the external sale of beef (7%). In the sequence, among the biggest income, are cellulose (6%), chicken meat (6%), hipro (6%), sugar (5%), coffee (4%), cotton (2%), meat pork (2%), paper (2%) and other commodities (20%). For China, Brazilian agricultural exports increased by 30% in nominal value, in the comparison between the first half of 2019 and 2020, while for the other markets they fell by 1%. From soy, sales to China advanced 30% in the first six months of 2020 and meat grew 114%. Oilseeds and Brazilian proteins represent 87% of the value generated by foreign sales to the Asian country. China acquired 72% of the soybeans exported by Brazil.
Source: Revista Dinheiro Rural