São Paulo’s agribusiness exports reached US $ 9.97 billion in the first seven months of the year, down 9.1% compared to the same period in 2017, according to data from the Institute of Agricultural Economics (IEA), a body linked to the Secretariat of Agriculture and State Supply. Meanwhile, imports from the sector reached US $ 2.95 billion, up 4.2%.
Based on these figures, the commercial balance of agribusiness in the state totaled US $ 7.02 billion in the period, down 13.8% year-on-year.
Between January and July, the main groups of products exported by São Paulo agribusiness were Sugar and Alcohol Complex, Soja Complex, meats, juices and forest products. In July, agribusiness exports in São Paulo reached US $ 1.48 billion, a decrease of 3.27% in the annual comparison.
This text was translated by machine from Brazilian Portuguese.