In October, exports of Brazilian products increased by 16.6%, according to data from the Getulio Vargas Foundation (FGV), released by Agência Brasil. Within this context, agribusiness was determinant for the increase in total foreign sales.
Agricultural exports increased by 35.8% in the period, with a 17.2% increase in sales of soybeans and 15.1% in meat. Another segment that performed positively was the extractive industry, which grew 32.9% in October.
According to the FGV, factors such as the commercial war between the United States and China and the increase in the price of some commodities [goods], such as oil, were responsible for growth.
This text was translated by machine from Brazilian Portuguese.