Sao Paulo’s agribusiness registered consecutive monthly surpluses this year, with the semester’s total being USD 10.04 billion, a 6.4% increase over the same period in 2022. Exports increased by 6.1% to USD 12.63 billion in the previous year, while imports increased by 5.3% to USD 2.59 billion. China accounted for 26% of total purchases, primarily of soy and meat; the European Union (juices, sugar, alcohol, and coffee); and the United States (juices and meat). Sao Paulo stood out in the following categories: juices (85.1%), various food items (73.6%), other plant-based products (65.2%), sugar and alcohol complex (61.8%), and live plants and floral products (58.7%).
Source: Instituto de Economia Agricola (*Translated by Ia Niani)