Brazil's agricultural exports hit a record high in September

According to the report of Brazil foreign trade network on October 18, 2021, Brazil's agricultural exports hit a record high in September, with an export volume of US $10.1 billion, a year-on-year increase of 21%. The Brazilian Ministry of agriculture believes that the main reason for the export growth is the strong rise in international agricultural prices (an increase of 27.6%).

In September, the main agricultural products exported were soybean, meat, wood, sucrose and grain, accounting for 80.6% of the total export. Among them, soybean exports amounted to US $3.19 billion, a year-on-year increase of 50%, accounting for 31.6% of the total exports. China's strong demand for Brazilian soybeans is an important factor in the growth of soybean exports.

The export volume of meat (beef, pork and chicken) reached a record, reaching US $2.21 billion, a year-on-year increase of 62.3%. Among them, beef export volume and export volume reached a record high, reaching US $1.19 billion, a year-on-year increase of 77.7%; The export volume reached 212000 tons; The average export price rose sharply by 39.3%.

Source: Economic and trade window of the Consulate General in Rio de Janeiro