Agribusiness exports hit record levels in 2021. The December figure was US$ 9.88 billion, up 36.5% from December 2020. Overall agriculture exports in 2021 totaled US$ 120.59 billion, an increase of 19.7% when compared to the previous year, according to data released on Thursday (13) by the Secretary of Commerce and International Relations (SCRI) of the Ministry of Agriculture, Livestock and Supply (Mapa). The month of December 2021 showed a favorable performance due to the strong increase in the prices of exported products (22.5%), and to the great volume of these exports (11.4%). In addition to high prices, agribusiness reached new highs (15.62 million tons). According to SCRI analysts, the top products were soybeans (2.71 million tons; +889.5%); soybean meal (1.72 million tons; +82%); cellulose (1.64 million tons; +28.8%); and beef (667 thousand tons; +3.3%). In 2021, Brazilian agribusiness exports hit a new high of US$ 120.59 billion (+19.7%).

Source: Canal Rural (*Translated by Ia Niani)