Brazil’s 1st half-year 2021 agricultural export revenue up 20.9% over first half 2020 – IPEA study

In the first half of the year, China remained the main destination for Brazil's agricultural industry, accounting for 39% of the value of exports, followed by the European Union (14.5%) and the United States (6.4%).

RIO DE JANEIRO, BRAZIL - Revenue from Brazilian agricultural exports rose 20.9% in the first half of 2021 compared to the same period last year, according to a study released Friday by the Institute for Applied Economic Research (IPEA). From January to June, the sector exported goods worth US$61.5 billion, up from US$50.9 billion in the first six months of 2020.

The document shows good prospects for the national production sector but warns of low world stocks of soybeans and corn. Brazilian exporters began to feel the partial recovery of average export prices of most agricultural . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?