SÃO PAULO: SALES OF THE SUGAR-ALCOHOL COMPLEX KEEP RISING

According to the Secretary of Agriculture and Supply of the State of São Paulo, from January to May, exports reached US$ 20.17 billion, while imports totaled US$ 26.73 billion, registering a trade deficit of US$ 6.56 billion. By sector, agribusiness exports increased 9.4%, reaching US$ 7.42 billion, and imports declined 0.5%, totaling US$ 1.89 billion, making a surplus of US$ 5.53 billion, up 13.3% from the same period in 2020. The largest share in São Paulo exports was of sugar and alcohol (31.6%), with a growth of 29.3% in values and 17.3% in exported volumes, due to the foreign sales of sugar (31.6% in values and 16.7% in volume). Shipments of alcohol increased 24.6% in volume and 14.6% in value, when compared to the same period in 2020. The main exporters of the complex were: China (10.2%), Algeria (8%), Indonesia (7.6%), Saudi Arabia and Bangladesh (both with 7.3%), Nigeria (6.8%) and Malaysia (5%).

Source: IEA/Noticias Agrícolas (*Translated by Ia Niani)