Minas Gerais agribusiness exports reached US$9,49 billion and 10 million tons were shipped between January and August this year. The numbers represent an increase of 12,5% in volume and a retraction of 7,6% in revenue compared to the same period in 2022. The scenario is influenced by the 17% decline in the average price of commodities in the international market, a factor that impacts foreign trade throughout Brazil.
"The decline in value can be explained, globally, by the decrease in the average price paid for commodities, as well as, on a specific basis, by the slowdown in purchases from our largest trading partners, China, Germany and Italy", he explains. the technical advisor of the State Department of Agriculture, Livestock and Supply (Seapa), Manoela Teixeira.
In the first eight months of 2023, agriculture was responsible for 36,1% of Minas Gerais' sales abroad. The main destinations for agricultural production in Minas Gerais were China (US$3,3 billion), the United States (US$750 million), Germany (US$554 million), Japan (US$382 million) and Italy (US$378 million ). In total, 171 countries received products from the state.
The most exported items from the catalog in Minas, in the interval, were coffee (36%), soy complex (31%), sugar and alcohol complex (11%), meat (9%) and forestry products (8%). The survey is from the Ministry of Development, Industry and Foreign Trade (Mdic).
Coffee, the flagship of Minas Gerais agribusiness exports, recorded sales worth US$3,40 billion, with the shipment of 15 million bags in the first eight months of 2023.
The product, which has suffered price declines throughout the year, recovered in August, with an increase of 22% compared to the eighth month of last year, while volume grew 31% in the period. The records correspond to US$463 million and 2,17 million bags. The good news reinforces the prospect of recovery in the second half of this year.
The soy complex remains in second place in the ranking of most exported agricultural products in Minas, followed by the sugar and alcohol complex. Revenue from foreign sales of soybeans in grains, bran and oil totaled US$2,9 billion. Grains represent the most sold items in the segment.
The sugar and alcohol complex presented revenue of US$ 1 billion, with a significant increase of 39% compared to January to August 2022. Sugar is the segment's champion, with US$ 992 million and an increase of 43%. Alcohol performance was also positive, at US$86 million, 5% higher than the similar range last year.
Foreign sales of Minas Gerais forest products continue to be strong, having reached US$749 million and 1,14 million tons from January to August. Cellulose is once again the most shipped item in the segment, especially to China, which acquired 46% of shipments.
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