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Brazil: Agricultural exports hit file in October – Swine information

Agribusiness exports in October 2022 hit a file for the month, reaching US$ 14.25 billion, 61.3% larger than in October 2021.

The rise in corn shipments was one of many most important components for the sturdy improve, with quantity up 301.7% for the interval. Within the first ten months of the 12 months, the full quantity of exported grains reached 134 million tons, equal to virtually half of the Brazilian grain harvest, which was estimated by Conab at 270.9 million tons (2021/2022 harvest).

Between January and October 2022, Brazilian agribusiness exports reached a file US$ 136.10 billion, representing a rise of 33% in comparison with the US$ 102.35 billion exported in the identical interval in 2021. The sector represented 48.5% of Brazil’s complete overseas gross sales within the interval.

In October, the soybean advanced, which is the principle export sector of Brazilian agribusiness, exported US$ 3.68 billion (+49.6%), with a rise in export quantity (+27.6%) and within the worldwide costs of the sector’s merchandise (+17.2%).

The overseas gross sales of meat reached US$ 2.28 billion (+50.8%). The quantity was strongly influenced by common export costs, which rose 29.9% between October 2022 and October 2021. There was additionally an enlargement within the quantity traded, which rose 16.1%.

Asia is the geographic area with the best participation in Brazilian agribusiness exports. China is the most important buying and selling accomplice of Brazilian agribusiness, and in October gross sales to the Asian nation grew 81.8%.

November 10, 2022 /MAPA /Brazil.



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