Brazilian Agribusiness Exports Grow 17.5% in May

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The income of Brazilian agribusiness exports reached US $8.
47 billion in May, up 17.
5% on the balance at the same period last year, according to data released by the Ministry of Agriculture.
Sector imports increased 53.
8% to US $1.
56 billion on the same basis of comparison.
With this, the Brazilian agribusiness trade surplus was US$ 6.
91 billion last month.
For comparison, the country's trade balance registered a surplus in May of US$ 3.
53 billion.
In May, the main sectors responsible for the growth of agribusiness exports were products of soybean, coffee and meat, which accounted for 57.
0%, 27.
4% and 13.
4% respectively, the expansion of US$ 1.
26 billion in the period.
On the import side, purchases of forest products are in the highest position in value to US$ 302,160,000 purchased in May (28.
5% higher revenue recorded in May 2010).
Purchases of cereals, flours and preparations were also important, with the record of US$ 269.
99 million (23.
5% growth).
As for the destinations of exports of agribusiness, export values increased for most economic blocs and regions: Oceania (63.
9%), EU (30.
4%), Middle East (23.
8), Mercosur (21, 9%), NAFTA (20.
6%).
Accumulated Last year, the agribusiness trade surplus was US$ 27.
26 billion, with exports of US$ 34.
26 billion (22%) and imports $ 7 billion (+37.
6%).
In the same period last year, the surplus had been US$ 23 billion.
The trade balance of the country's total of US$ 8.
56 billion from January to May 2011.
In the first five months of the year, the sectors that contributed most to the growth of US$ 6.
18 billion agribusiness exports in the period were: soy (35.
0%, from US$ 7.
42 billion to US$ 9, 59 billion), coffee (22.
4%, from US$ 1.
93 billion to US$ 3.
31 billion), meat (15.
3%, from US$ 5.
30 billion to US$ 6.
24 billion) and cereals, flours and preparations (14.
4%, from US$ 675.
44 million to US$ 1.
56 billion).
In imports, stood out cereals, flours and preparations, and forest products.
Exports of Brazilian soybeans complex grow 27% in May The income for Brazilian exports of soybean complex increased 27.
0% in May to US$ 3.
37 billion, equivalent to 39.
8% of total agribusiness exports in the month.
Revenue from exports of soybeans rose 22.
2% to US$ 2.
55 billion, compared to the figure in May 2010 (US$ 2.
09 billion).
Export volumes fell 6.
9%, but prices rose by 31.
3%.
Exports of soybean meal produced revenue of US$ 608.
82 million, an increase of 33.
7% compared to May 2010.
Prices have had an increase of 29.
7% when compared to those registered in May 2010, while export volume increased 3.
1%.
Sales of soy oil were US$ 211.
16 million, an increase of 90.
9% in value, 30.
5% in volume and 46.
3% in the export price.
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