Flavio Maluf reported that the agribusiness sector did not do so well in June this year. There was a 0.7% decrease in comparison to the same month last year.Maluf is a businessman, and he is also the president of Eucatex. As per the report that Flavio Maluf issued, the agricultural exports in 2018 yielded 9.21 billion. With that said, the agricultural exports in June this year amounted to 45.6% of the total foreign sales.
As for the 2018 agribusiness exports in June, soy exports comprised of 53.5%. The other major commodities were meat (8.3%), coffee (3.9%), forest products (14.4%), and sugar-alcohol complex (7%). Countries from Asia, mainly China mainly consume the agricultural products from Brazil. Read more about Flavio Maluf at Blog do Ronco
The shipments to Asia were mainly cellulose and soybeans. With that said, the European Union forms the world’s largest economic block. The European Union is made up of 28 countries. Exports from Brazil are consumed mainly by the 28 countries that are in the European Union. Organizations such as the Brazilian Supply Company (Conab) usually carry out surveys from time to time. The latest survey indicated that there has been a favorable trade balance in the agribusiness sector in relation to the exporting of products such as soya beans. With that said, the soya bean production is expected to increase. Eventually, 119 million tons of soya beans will be produced.
The Brazilian Supply Company (Conab) also estimates that the total exports by Brazil will increase this year. With that said, the company estimates that the soya beans exports will reach up to 72 million tons. Flavio Maluf has also gone ahead and stated that in the first half of 2018, Brazil had exported 46.27 million tons in terms of grains. In turn, Brazil has generated $18.43 billion in terms of revenue. Maluf is a successful business leader who observes , and disintegrates different economic situations.