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Reading: Sao Paulo’s Agro-Industry surges, achieving record exports and resilient growth
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BGTN > International > Sao Paulo’s Agro-Industry surges, achieving record exports and resilient growth
International

Sao Paulo’s Agro-Industry surges, achieving record exports and resilient growth

BGTN Reporter
Last updated: January 18, 2024 12:42 pm
By BGTN Reporter
2 Min Read
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Piracicaba, Sao Paulo, Brazil - April 18,2007: A tractor and a harvester work in tandem to get sugar cane to the local mill.
Photo: iStock
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Over the last 11 months, Sao Paulo’s agro-industry has achieved a remarkable milestone, witnessing a surge in exports by an impressive US$25 billion.

This robust growth underscores the sector’s resilience and points to its adaptability in the face of challenges.

The Rio Times reported a significant export increase, which is a testament to Sao Paulo’s agro-industry’s strong recovery and development.

Leading the charge is the sugar-alcohol complex, contributing US$9.33 billion in revenues.

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This is followed closely by soya, meat, and juice products, showcasing the sector’s diversity and productivity.

Despite a marginal import dip of 1.1%, Sao Paulo’s agribusiness stands resilient. At the national level, the sector’s contribution to Brazil’s total agribusiness exports is 16.5%.

The state’s dominant position in key categories, such as juices and the sugar-alcohol complex, highlights its strategic standing in the global market.

The success of Sao Paulo’s agro-industry goes beyond the economic realm, playing a crucial role in supporting the local economy and contributing significantly to Brazil’s overall economic growth.

This positive trend in the sector, positions Sao Paulo as a key player in the global agribusiness landscape.

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