RIO DE JANEIRO, BRAZIL - The trade balance of Brazilian agribusiness was positive in January this year, at US$7.7 billion. The sector's exports grew 57.5% over the same month last year, with a US$8.8 billion result, while imports fell to US$1.1 billion, a 15.5% drop in the same comparison.
The data were released yesterday, February 14, by the Institute for Applied Economic Research (IPEA).
Analyzing the past 12 months, there was a 23.1% increase in agricultural exports and 16.7% in imports, which contributed to a US$108.5 million agribusiness . . .