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    Home > Food News > Food Articles > Brazil's agricultural trade surplus in the first 10 months of this year was $75.4 billion, up 8.2% year-on-year

    Brazil's agricultural trade surplus in the first 10 months of this year was $75.4 billion, up 8.2% year-on-year

    • Last Update: 2020-11-26
    • Source: Internet
    • Author: User
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    On November 12, Brazil's agricultural exports totaled $8,181 million and imports totaled $1,203 million, down 6.2% and 0.2% year-on-year, respectively, according to the latest figures from the Country's Foreign Trade Secretariat (Secex), resulting in a trade surplus of 69.78 billion U.S. dollars. US$100 million, down 7.2% YoY; in the first 10 months, Pakistan's total agricultural exports amounted to US$85,849 million, up 5.7% YoY, while imports totaled US$10,383 million, down 9.6% YoY, and achieved a trade surplus of US$75.457 billion, up 8.2% YoY.
    , Brazil's main export agricultural product, exported 2.5 million tons of soybeans in October, half as much as in the same month last year, according to
    data, while soybean exports for the month were $913.46 million, well below last year's $1.83 billion level, and total soybean exports in the first 10 months were $33.69 billion, up 17.8 percent from a year earlier.
    Brazil's meat exports also declined as a result of the outbreak, with exports of meat products falling 9.7% year-on-year to $1,464 million in October, with beef and chicken exports down 7.9% and 21.7% year-on-year, respectively, while pork exports rose 24.7% year-on-year to $198.25 million.
    in particular, China further expanded its imports, importing $116.37 million of Brazilian pork in October, up 55.1% year-on-year, accounting for 58.7% of Total Pork Exports, making it the largest importer of Brazilian pork products.
    the first 10 months of this year, Pakistan's total exports of meat products amounted to US$14.104 billion, an increase of 4.9% year-on-year.
    also showed that sugar products performed well in the Bar farmers' market in October, with exports of $1.2 billion, up 121% year-on-year.
    , China was the biggest buyer, importing $311.74m, or 26.5 per cent, in the month.
    the first 10 months of this year, the total exports of sugar products amounted to US$8,061 million, an increase of 59.7% year-on-year.
    Brazil's economy ministry said that although China's sugar imports from Pakistan rose strongly in October, it was down from 32.4 percent a year earlier.
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