Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Brazilian fruit exports surge in October, boosting trade surplus

In October, Brazil witnessed a surge in fruit exports, including citrus peel and melons, leading to a positive shift in the trade balance. According to Comex Stat, export revenue for Brazil in October was $164.56 million (FOB), marking a 45% increase from September, while import expenses were up 17% to $108.94 million. This resulted in a year-to-date surplus of $45.24 million, the smallest in a decade, with total exports at $907.56 million and imports at $862.32 million.

Mangoes, lemons, limes, and melons were key to this turnaround, contributing to over 60% of the total export revenue up to October 2024. Despite a decrease in grape exports due to a crop shortfall in the São Francisco Valley, the sector remains resilient. The majority of Brazilian fruit exports were destined for Europe (76%) and North America (12%), with the rest mainly heading to South America and Asia. The outlook for Brazilian fruit exports remains positive, with expectations to maintain the surplus in the coming months.

Source: DatamarNews

Publication date: