Brazilian agribusiness exports reached US$ 6.63 billion in the first month of the year, 7.4% above the US$ 6.17 billion in January last year. In the 12-month period, between February 2018 and last January, the result reached US$ 102.14 billion, an increase of 6% compared to US$ 96.32 billion in the immediately previous 12 months. Imports of agricultural products totaled US$ 14.04 billion, with a decrease of 0.5% compared to the previous period. As a result, the balance in the period was US$ 88.10 billion (+7.2%).
The main performances by agricultural segments were the soybean complex, with a share of 40.3%; meat, with 14.2%; forestry products, with 14.1%; sugar and alcohol complex, with 7%; and cereals, flours and preparations, with 5%.
Half for Asia
The second main destination block in the last twelve months, the European Union, showed an increase of 5.2% in purchases of Brazilian goods in the sector, reaching US$ 17.80 billion, compared to US$ 16.93 billion in the immediately previous twelve months (-US$ 873.50 million).
In exports, the growth was due to the export quantum index, which rose by 8.9%, while the price index fell by 1.3%. The share of the country's total exports was 35.7%, compared to 36.2% in January 2018, due to the greater growth in exports from other sectors.