IBOV 179,722.48 ▲ 1.30% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,314.78 ▼ 0.18% MERVAL 3,049,455 ▲ 0.51% COLCAP 2,470.26 ▲ 1.86% BVL PERÚ 59,450.29 ▲ 0.11% USD/BRL5.15▼ 0.68% USD/MXN16.97▼ 0.13% USD/CLP936.45▲ 0.24% USD/COP3,155▼ 1.44% USD/PEN3.36▼ 0.16% USD/ARS1,513▲ 0.25% USD/UYU40.24▲ 0.68% USD/PYG5,873▲ 0.47% USD/BOB12.08▲ 3.98% USD/DOP58.56▲ 0.38% USD/CRC446.47▲ 1.09% USD/GTQ7.62▲ 1.63% USD/HNL26.84▲ 1.11% USD/NIO36.62▲ 0.14% USD/VES796.33▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.06% EUR/BRL5.97▼ 0.70% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 179,722.48 ▲ 1.30% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,314.78 ▼ 0.18% MERVAL 3,049,455 ▲ 0.51% COLCAP 2,470.26 ▲ 1.86% BVL PERÚ 59,450.29 ▲ 0.11% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Brazil Business - Brazil

100 richest agribusiness municipalities in Brazil

By · January 6, 2022 · 2 min read

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RIO DE JANEIRO, BRAZIL – The list of the 100 richest agribusiness municipalities in Brazil was released by the Ministry of Agriculture, Livestock, and Supply (Mapa). The ranking was based on data from the Municipal Agricultural Production (PAM) for 2020, raised by the Brazilian Institute of Geography and Statistics (IBGE), and released in October 2020.

Based on this information, a classification was made considering the production value of temporary and permanent crops and the Gross Domestic Product of the Municipalities (GDP) based on 2019.

According to the note from the Ministry of Agriculture, the IBGE data highlights the production of soybeans, corn, cotton, coffee, and sugar cane.

In the reference year for the survey, the value of agricultural production of the ranked municipalities was R$151.2 (US$26.5) billion, equivalent to 32% of the total value, which was R$470.5 billion.

Most of the wealthiest municipalities are in Mato Grosso (MT), where 35 are on the list. They are followed by Mato Grosso do Sul (MS) with 13, Goiás (GO) with 10, Bahia (BA) with 9, Minas Gerais (MG) with 8 and São Paulo (SP) with 6.

The remaining municipalities are located in Pernambuco (1), Maranhão (2), Pará (4), Brasília (1), Piauí (2), Paraná (4), Tocantins (1) and Rio Grande do Sul (2).

Get to know the top five of the list of the richest in agribusiness and the complete ranking below:

SORRISO (MT)

According to the Ministry of Agriculture, one of the leading national producers of grains, the municipality leads the national ranking. In 2020, it added R$ 5.3 billion in production value and also held the highest GDP on the list. According to IBGE, agriculture and cattle-raising represent 26.5% of the municipality’s R$ 6.2 million GDP.

SÃO DESIDERIO (BA)

The second-largest national producer of cotton, the municipality of São Desidério is the second richest in the national agribusiness, with a production value of R$ 4.6 billion. Cotton farming concentrated 38.3% of the value of production in 2020. The municipality’s GDP in 2019 was R$2.596 billion

SAPEZAL (MT)

The national leader in cotton production, Sapezal (MT), has more than half (54.4%) of the R$ 4.3 billion produced in 2020 come from the crop. The municipality is also prominent in soybean production, which accounted for 35.5% of the 2020 revenue. The municipality’s GDP in 2019 was R$2.59 billion.

CAMPO NOVO DO PARECIS (MT)

A national highlight in crops such as sunflower and popcorn, Campo Novo do Parecis (MT) is the fourth wealthiest municipality in Brazilian agribusiness. It accumulated about R$3.8 billion in production value in 2020 and a GDP of R$3.4 billion in 2019

FORMOSA DO RIO PRETO (BA)

The fifth most affluent municipality in Brazilian agribusiness, Formosa do Rio Preto is the largest soybean producer, third-largest cotton producer, and second-largest corn producer in Bahia. In 2020, it added a production value of R$3.74 billion. In 2019, it counted a Gross Domestic Product of R$1.852 billion.

Check out the complete list:

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