Revenue from exports of agribusiness in the state of Rio Grande do Sul grows 10% in May in the annual comparison

Exports from Rio Grande do Sul in May totaled US $ 1.772 billion, with US $ 1.358 billion in agribusiness products alone, equivalent to 76% of the total, the State Agriculture Federation (Farsul) reported. There were 2.625 million tons of agricultural products shipped last month and revenue of US $ 1.358 billion surpassed in 10.8% to the same month of 2017.

“The balance of trade in RS in May was US $ 982 million, while the balance of products from agribusiness was US $ 1.301 billion,” Farsul said in a report. Exports of the soybean complex grew 13.8% to US $ 879 million, (+ 12.8%), followed by soybean meal (+ 1.6%, or US $ 94.0 million) and soybean oil (+ 263%, respectively) or US $ 26.3 million). Meat shipments declined 27.8%, with higher weight of chicken meat (-32.8%) and pork meat (-41.5%).

For Farsul, this result was due to the embargoes suffered by the products in the international market and the strike of the truck drivers. “Even with a rise in the sale of cattle (19.6%), the result of the meats group had a decrease of 27.8% when compared the months of May 2018 and 2017,” he said.

Shipments of cereals to the foreign market increased by 51.8%, totaling US $ 41.374 million. Rice was the main product, with revenues of US $ 41,341 million (+ 104%). “Fumo Group and its Products also had a great result, reaching the mark of US $ 90 million and a growth of + 36.3%”, says Farsul. On the other hand, the group Produtos Florestais presented revenue growth of 128%, to US $ 153 million. China was the main country to buy gaucho products, accounting for 45.7% of the value exported. In second place are the United States, with 3.6%.

This text was translated by machine from Brazilian Portuguese.