Farm exports at record level
11 January 2012
The Brazilian farm sector exported $94.59 billion of produce in 2011, an increase of 24% in comparison with 2010 ($76.4bn).
The main importers of Brazilian produce were the European Union, China, the United States, Russia and Japan. They mostly bought soy, sugar, ethanol (from sugarcane), and meats.
Brazil's imports of agricultural produce totalled $17.08bn, meaning the country achieved an agricultural trade surplus of $77.51 billion – the biggest since records began in the 1990s.
Brazil's overall trade surplus in 2011, taking into account exports and imports in all sectors of the economy, was $29.8bn.
Source: Agência Brasil