Brazil has a growing agribusiness industry, and recently, the government of Brazil released their report for the statistics in June. According to their reports, the industry posted growth, and the exports reached $9.21 billion. This is an impressive feat, according to the chief executive officer and the chairman of the Eucatex Group, Flavio Maluf. He said that the improvement in the numbers posted by the government of Brazil is proof that business people in the agribusiness industry are becoming more serious in managing their exports. Find out more at dino.com
The report also showed that the most exported product of Brazil was soy, which accounted for more than 53.5% of the total number of exports. Four other products are trailing behind, which are forest products, meat products, sugar and alcohol products, and coffee. Flavio Maluf has also stated that Brazil’s exported most of its products to China, and the European Union, which are two of its leading export partners. Flavio Maluf added that if Brazil is focusing on its soy plantations, the numbers that it posted could go higher, and the export sales could further increase. He said that the country’s climate and topography help it become a leading supplier of soy, especially to countries that have a higher demand for the product.
Flavio Maluf stated that the revolution in the agribusiness industry would be beneficial to the public. He also added that the government would like to mobilize their personnel to teach the Brazilian farmers with more effective way on how they can plant their crops, and how they can maximize the skills that they knew to harvest more products. The agribusiness industry in Brazil has been around for decades, but the farmers are recently experiencing tremendous growth in the industry as more people are demanding for these types of products and services.