RIO DE JANEIRO, BRAZIL – The Brazilian food industry closes the year 2021 with revenues of R$ 922.6 billion, a result 16.9% higher than that recorded in 2020. The amount represents 10.6% of the Gross Domestic Product (GDP) estimated for last year.
The data, released yesterday (15), are from the Brazilian Association of Food Industry (Abia).
According to the survey, the sector’s sales in 2021 grew 3.2% and production, 1.3%. Considering only the sales to the domestic market, which represent 73.5% of the revenues, the increase was 1.8%.
Exports, which represent 26.5% of revenues, increased 18.6% and reached the record level of US$45.2 billion.
“The advance of vaccination and the return of the service sector contributed decisively to the expansion of production, with positive generation of employment and income in the sector. The demand for food kept growing in Brazil and in the world, which made the companies keep production at full steam, and hiring labor,” said the executive president of Abia, João Dornellas.
The Brazilian food industry also increased the number of workers hired in 2021, 1.2% more than in 2020, totaling 1.72 million people, or 21,000 new jobs.