Brazil's agriculture and animal husbandry have become a large foreign trade surplus
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Last Update: 2001-11-30
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Source: Internet
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Author: User
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Introduction: according to the latest statistics released by the Ministry of development, industry and foreign trade of Brazil, from January to October this year, the export of main agricultural and animal husbandry products in Brazil earned foreign exchange of 11.273 billion US dollars, an increase of 24% year on year; the import of 1.17 billion US dollars, a decrease of 28% year on year; the trade surplus of agricultural and animal husbandry products reached 10.1 billion US dollars, an increase of 35.7% year on year Agriculture and animal husbandry have surpassed industry to become a large foreign trade surplus In the first 10 months of this year, the largest proportion of Brazil's agricultural and animal husbandry exports was soybean, soybean oil and soybean meal The export volume of such products alone reached US $4.796 billion, an increase of 27% year on year The growth rate of sugar exports was the highest, reaching 108.82%, from more than 800 million US dollars last year to 1.845 billion US dollars this year Chicken exports also rose a record 61.5% year-on-year to $1114 million Beef exports increased by 25.34% to $835 million In the first 10 months of this year, the export volume of Brazilian coffee increased by 27.82%, but the income decreased by 20.9%, from US $1485 million in the same period last year to US $1174 million Experts pointed out that Brazil's agricultural harvest this year, devaluation of the real currency and the outbreak of mad cow disease in Europe are the main reasons for the substantial growth of Brazil's agricultural and animal husbandry exports This year, Brazil's grain production is expected to grow by 18% to 98.1 million tons, a record high Real has been devalued since this year, with a peak of more than 40%, making Brazilian agricultural products more competitive in the international market The outbreak of BSE in Europe has brought huge business opportunities to the export of these products, as Brazil banned the production of genetically modified soybeans, and beef cattle and chickens all ate plant-based feed By the end of the year, Brazil's agricultural and animal husbandry exports are expected to reach a record $19 billion Brazil has always been a big exporter of agricultural and animal husbandry products Its exports of coffee, sugar, orange juice and tobacco ranked first in the world Its exports of soybeans and chicken ranked second only to the United States, and its exports of beef ranked third after the United States and Australia.
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