São Paulo’s exports totaled US $ 43.78 billion (22% of the national total) in the first ten months of 2018; while imports reached US $ 51.57 billion (34.1% of the national total), generating a deficit of US $ 7.79 billion, according to the Institute of Agricultural Economics, a research institution of the State Secretariat of Agriculture and Supply. Sao Paulo.
In the same period, agribusiness presented a drop in exports (-13.1%), reaching US $ 13.99 billion, and an increase in imports (+ 2.2%), totaling US $ 4.15 billion, registering a surplus of US $ 9.84 billion. Despite the drop of 18.3% compared to 2017, the balance of agribusiness trade transactions remains fundamental to balance the São Paulo accounts, said José Alberto Angelo, Carlos Nabil Ghobril and Marli Mascarenhas Oliveira, IEA researchers.
In the period up to October 2018, the five main groups in agribusiness exports were: sugarcane complex (US $ 4.37 billion), meat (US $ 1.78 billion), soybean complex (US $ 1.70 billion), juices (US $ 1.66 billion) and forest products (US $ 1.49 billion). These five aggregates accounted for 78.7% of the sectoral external sales of São Paulo. Of these, only the sugar-energy complex had a reduction in exports (-40%); (+ 15.8%), soy complex (+ 31.3%), juices (+ 10.2%) and forest products (+ 4.2%), explained the researchers.
Looking at the monthly results, it can be noted that there was a 6.3% reduction in exports in the month of October, when compared to the previous month. This oscillation results from the lower shipment, by volume, of the three main groups: sugarcane complex (-22.7%), meat (-12%) and soybean complex (-53.7%). On the other hand, juices and coffee increased exported volumes by 78.6% and 34.7%, respectively.
This text was translated by machine from Brazilian Portuguese.