Flavio Maluf is a business executive and serves as the President of Eucatex companies. He has a keen interest in the field of agribusiness, and he recently reported on the situation about the Brazillian Agribusiness as it was announced by the Secretariat of International Relations of the Ministry of Agriculture, Livestock, and Supply. Flavio Maluf indicated that the margins released showed a 0.7% decrease compared to the report last year of the same month. In June of the year 2018, the exports in Brazil was reported as $9.21 billion and the total sales represented by agriculture was 45.6%. Read more about Flavio Maluf at Wikipedia.
Imports in the sector of agriculture are said to have cumulatively added up to $1.04 billion, and Flavio Malu points out that the shift of numbers in June was brought about by the balance of trade of agribusiness that added up to $8.17 billion. The product that most dominated the export market of the agribusiness was soy which represented 53.5%. Other four segments in the agribusiness sector that had a fair share in the export market of Brazil included forest products, meat, sugar-alcohol complex, and coffee. Flavio Maluf also added that the export destination for the products from Brazil was mainly the Asian market specifically China.
China has been a popular destination for agribusiness exports from Brazil for the past 12 months, and their principal shipments have been cellulose and soybeans. The European Union is the second most popular destination for Brazilian agribusiness products, and it was noted that the region has increased in its sales of soybean meal. Flavio Maluf also points out that compared to the same period last year, the export quantity of grain had increased by a margin of 5.2% and the exported value had also increased by 10.6%. These numbers indicate that the average price increase is 5.1%. Learn more: http://economia.estadao.com.br/noticias/releases-ae,conheca-com-flavio-maluf-os-profissionais-mais-requisitados-pelas-startups-em-tempos-atuais,70001683019