The Brazilian agribusiness exports represent about a half of the country’s foreign sales with a 45.6 percent scored in June this year. The exports in June 2018 reached 9.21 billion US dollars while imports to the country have contracted by 10.1 percent, from last year to 1.04 billion US dollars. The result of this shifts, as analyzed and reported by Flavio Maluf, the businessman, executive, and president of Eucatex, is due to the 8.17 billion dollars balance of trade of the agricultural business, a +0.7% decrease compared with June 2017. Read more about Flavio at terra.com
Brazilian Agribusiness (Imports and Exports).
Of the total agribusiness exports of 2018 June, coffee covered 3.9%, sugar and alcohol complex covered 7%, meat was third with 8.3%, Forest products had about 14.4%, while you had the rest, more than half of the exports, 53.5%. Their market, for Brazilian soy and cellulose exports, is spread worldwide with Asia, China in particular, as their biggest destination over the whole of last year, financial year, and we’ll into half of this year, according to Flavio Maluf. Their second destination was the world’s biggest trade bloc, with about 28 countries, is the European Union. This was facilitated by a rise in soybean meal, orange juice, pulp, and green coffee imported at +94.7, +35.4, 60.36 and 17.4 million dollars respectively.
For the first half, Jan to June, Flavio Maluf emphasis that the country has exported about 46.7 million tons in grains creating a revenue of 18.43 billion dollars, an increase from last year at the same period. The export also registered reached 10.6% in exported value and 5.2% in export quality, leading to a 5.1% increase in prices
Flavio Maluf also reported that the main intention of the entity, Ministry of agriculture, is to ensure food security the Brazilian population and at the same time produce surplus exports through competitiveness and integration of sustainable development.
Flavio Maluf Personal Life.
Though Maluf was born into a wealthy family and a political dynasty, he has, through hard work and resilience, earned his own wealth and built his own empire. The name of his company, Eucatex, was inspired by his family’s business, a timber lining business that used Eucalyptus for their slubs. He is also a fan of the internet and is fascinated by technology.