São Paulo’s agribusiness has proven to be a fundamental pillar for the state’s economy, contributing significantly to the trade balance in the first four months of 2024. According to a sectoral analysis of agribusiness, exports in the sector saw an increase of 18.6% compared to the same period last year, totaling US$9.37 billion. Imports also showed growth, reaching US$1.86 billion, which represents an increase of 7.5% compared to the previous year.
With these results, the trade balance of São Paulo’s agribusiness reached a surplus of US$7.51 billion, an increase of 21.7% compared to the first four months of 2023. This positive performance was highlighted by Carlos Nabil Ghobril, coordinator of the São Paulo Agency for Agribusiness Technology, and researchers José Alberto Ângelo and Marli Dias Mascarenhas Oliveira, from the Institute of Agricultural Economics (IEA-APTA) of the São Paulo Secretary of Agriculture and Supply.
For the Secretary of Agriculture and Supply of São Paulo, Guilherme Piai, the success of the sector can be attributed to the resilience of rural producers. “Even facing adverse scenarios, such as crop failures and less attractive commodity prices, the rural producer in the state of São Paulo continues to ensure food on the tables of various parts of Brazil and the world, while sustaining the Paulista economy,” said Piai.
Among the main products exported by São Paulo’s agribusiness, the sugarcane-alcohol complex stands out, totaling US$3.65 billion, with sugar representing 89.9% of this value. Other significant groups include forestry products (US$998.52 million), meats (US$986.35 million), soy complex (US$915.94 million), and juices (US$762.63 million). Together, these five groups represented 78% of São Paulo’s sectorial external sales.
