Most recently, the International Relations Secretariat of Brazil’s Ministry for agribusiness, livestock, and supply released a report on the state of agribusiness exports for the month of June. The agricultural sector carries about 45.6% of the overall international sales of the country. Following this report, Flavio Maluf reports that there is a 0.7 per cent decrease as compared to results of the same month in 2017.
Maluf associates the June disparities with the balance in agribusiness trade. Notably, Soy emerged the most exported product from the report with over half of the total exports in the agribusiness sector. The other major agricultural exports include meat, forestry products, and coffee. The sugar-alcohol complex is also a primary commodity. A significant part of Brazilian agribusiness products is mainly consumed in the Asian regions, especially China. The market orders huge volumes of soybeans as well as cellulose. The European Union is the second in line for Brazil’s exports. Read more about Flavio Maluf on Crunchbase
Moreover, as brought out in the report, Brazil’s agribusiness sector comprises of small, medium, as well as large-scale producers from the rural areas. The efforts of these producers aim at enhancing activities in agriculture and agricultural production. They also help in the processing process, as well as the distribution of end products to consumers.
In Brazil, the Ministry of Agriculture is responsible for integrating the various aspects of the industry with the productive, supply, storage, and transportation sectors. Such aspects include the market, environmental, scientific, technological and organizational, among others. All this is done in line with the agribusiness’ financial policies. Additionally, it seeks to ensure the security of food as well as producing products are in surplus for export purposes.
Flavio also notes that the Ministry of Agriculture, Livestock, and Supply also deals with the coordination of actions and policies relating to Brazil’s productive agribusiness sector.
Flavio Maluf is a renowned entrepreneur and executive. He heads the Eucatex Companies.