February 15, 2008

Brazil's January meat exports overtake soy

Brazil's meat exports exceeded soy exports in January, said the Brazilian government on Wednesday (February 13, 2008).

Meat exports and soy exports brought in US$898 million and US$678 million, respectively, in January. 

That means meat exports has taken the leading position among Brazil's exports last month, indicating a new agribusiness tendency in Brazil, the government said.

In January, Brazil exported products worth US$1.3 billion and imported products worth US$572.4 million, thus registering a trade surplus of US$727.6 million in agriculture and livestock.