The strong movement of agricultural shipments boosted Brazilian agribusiness exports in September. The foreign sales of the sector of sugar and alcohol increased 89.8%, reaching US$ 1.14 billion. Exports of raw cane sugar increased 111.3% in September year on year, from 420.36 million dollars to 888.38 million dollars, thanks to China, India, Bangladesh and Indonesia. According to the Ministry of Agriculture, Livestock and Supply (Mapa), the decline in sugar production in India and Thailand in 2020 caused Brazilian exports to increase. Alcohol exports also increased from US $ 112.19 million to US $ 124.38 million (up 10.9%). Total foreign sales of the sector in September reached US$ 8.56 billion, 4.8% more than the same month last year. The share of Brazil’s total exports in September rose from 40.2% to 46.3% year on year.
Source: DATAGRO
*Translated by Ia Niani