From January to August 2018, exports from the State of São Paulo totaled US $ 34.78 billion (21.9% of the national total), and imports, US $ 40.88 billion (33.7% of the national total) , reports the Institute of Agricultural Economics (IEA). In relation to the same period of 2017, the value of exports from São Paulo increased by 3.8%, and that of imports, 14.7%, bringing the trade deficit to US $ 6.1 billion.
In a sectoral analysis, in the first eight months of 2018, São Paulo agribusiness declined in exports (-10.1%), reaching US $ 11.33 billion, while imports increased (+ 3.4%), adding US $ 3.36 billion, reducing the trade balance by 14.8% compared to 2017, with a surplus of US $ 7.97 billion.
“It is important to emphasize that, even in the downturn, the agribusiness balance of trade continues to be fundamental for the balance of São Paulo’s accounts,” said José Alberto Angelo, Carlos Nabil Ghobril and Marli Mascarenhas Oliveira, IEA researchers.
In the period analyzed, the five main groups in agribusiness exports were: sucroalcooleiro complex (US $ 3.35 billion), followed by the soy complex (US $ 1.64 billion), meat (US $ 1.49 billion), juices ( US $ 1.37 billion) and forest products (US $ 1.21 billion). These five aggregates accounted for 79.9% of the sectoral external sales of São Paulo. Of these, four segments showed significant increases: soy complex (+ 32.1%), meat (+ 25.2%), juice (+ 23.0%) and forest products (+ 9.2%). Only the sugar-alcohol complex, which occupies the first place in the São Paulo exports, had a decrease (-40%), a result that contributed to the reduction of the surplus of the external sales of the State of São Paulo.
This text was translated by machine from Brazilian Portuguese.