Trade Balance in MS has a 30% Decline in the Result

Mato Grosso do Sul recorded a drop of 30.4% in the trade balance surplus in the first two months of this year, compared to the same period last year. The value was US$ 210 million, a result of US$ 649.2 million in exports and US$ 438.2 million in imports.

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However, regarding the main exported products, cellulose remains the leader in the export basket, with 48.76% of the total exported in terms of value that added US$ 326.5 million, and with a decrease of 6.74% in relation to the same period last year . Regarding volume, there was an increase of 18.37%.

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Balança Comercial No Bimestre Em MS Tem Queda De 30% No Resultado 09 de março de 2020

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beef products

However, the second product on the agenda was occupied by beef products and other products in the segment, with a share of 18.54%. Thus, with an increase in value terms of 9.7% totaling US$ 120.3 million compared to January and February 2019.

In terms of volume, there was a decrease of 2.49%, suggesting that the increase of 9.7% was mainly due to the increase in product prices. Although compared to the first quarter of 2019.

The highlights in growth in the two-month period were iron ore, which advanced 112.8% with US$ 26.3 million exported and herbaceous cotton with US$ 7.6 million and a rise of 229.9% in sales abroad.

Destinations

In terms of the fate of exports there was a concentration on external sales to China, representing in Jan-Feb 2020 around 38.5% of the total value of exports.

The countries with the biggest increase in share were: South Korea (291,85%) and Japan (110,83%). The biggest drop was recorded for the United States, with a drop of 70.33% in exports compared to the two-month trade balance of 2019. The concentration in the ten largest export destinations went from 67.62% to 71.78% compared to the same period of 2019.

Imports – Regarding imported products, the State continued with an agenda focused on the import of Bolivian gas. However, representing 61.67% of the agenda in 2020, above the values verified in the same period last year at 37.68%. The traded value in the two-month period was US1TP4Q270.2 million.

State Producers Study Exporting Cotton Through the Port of Santarém, Pará

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