Brazilian agribusiness exports reached a record value of US$14.19 billion in September 2024, registering an increase of 3.6% compared to the same period of the previous year. This growth was driven by the increase in the volume exported, mainly in the meat, sugar and pulp sectors, according to the Secretariat of Trade and International Relations of the Ministry of Agriculture and Livestock (SCRI/Mapa).

Notable sectors

The main sectors responsible for the excellent performance were the soy complex, meat, sugar and alcohol complex, forestry products, cereals, flours and coffee. Together, these six sectors represented 84.6% of Brazilian agribusiness exports.

The meat sector was one of the most notable, with beef leading foreign sales, which totaled US$ 1.25 billion, a growth of 29.2% compared to September 2023. Exports of fresh beef also reached a historic record, with 251.76 thousand tons shipped, with China as the main purchasing market.

Another sector that boosted exports was the sugar-alcohol complex, with sales of US$ 1.92 billion, an increase of 6.4% compared to the previous year. Sugar was the main product, accounting for almost 95% of sales in this sector, with record shipments of 3.47 million tons.

Records in the forestry sector and coffee

Forestry products also recorded strong performance, especially pulp, which reached US$ 1.04 billion in exports, setting a new record for the month of September. The most industrialized markets were the main buyers of this product.

Green coffee also showed significant growth, with sales rising from US$573.84 million in September 2023 to US$1.07 billion in 2024, an increase of 86.6%. The volume shipped was 243.1 thousand tons, setting a new record for the sector.

Growth in the last 12 months

In the last twelve months, Brazilian agribusiness exports reached US$166.19 billion, which represented an increase of 1.8% compared to the previous period. According to Secretary Luis Rua, this record performance is the result of the opening of new markets and the growing demand for Brazilian products. “The opening of markets for new agricultural products has been one of the main drivers of this growth,” said the secretary.

Source: Canal Rural