Brazil is going through a crisis staggering when it comes to food prices. However, the trade balance of the agribusiness Brazilian managed to register a surplus of 43.7 billion accumulated in 2022, considering the months from January to April.
In this sense, it is worth noting that exports grew by around 35% in the period, and imports remained stable with an increase of 0.7%, making a comparison with last year.
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The data was released by Institute of Applied Economic Research (IPEA). In view of this, Brazilian agribusiness exported 14.9 billion in April, a growth of 15.2% compared to April 2021. Furthermore, when considering the total value of the trade balance, the surplus was 20.2 billion.
Thus, the explanation that the Institute of Applied Economic Research found was that the other goods had a deficit record of 23.5 billion in the year 2021. Therefore, the total growth was 11.8% so far, compared to last year, driven by the positive result of agribusiness.
Thus, according to Roberto Campos, president of the central bank, the conflict in Eastern Europe is a great opportunity for Brazilian agribusiness, as the world is looking for Brazilian products for consumption, due to this dynamic.
That is, the moment when food prices are exorbitant is the same period in which agribusiness produces the most and supplies the world. This dynamic, in theory, does not make much sense when the population looks at the prices of products on the market.
Geographer and pseudo writer (or otherwise), I'm 23 years old, from Rio Grande do Sul, lover of the seventh art and everything that involves communication.