Summary
- São Paulo state’s agribusiness exports increased by 12.8% between January and May 2024, reaching $11.76 billion.
- Imports also rose by 7.3%, totaling $2.34 billion, resulting in a $9.42 billion trade surplus.
- Despite a setback in May, the agricultural sector remains resilient and crucial for São Paulo’s economy.
- Major export groups included sugarcane, forestry products, soy complex, meats, juices, and coffee, making up 82.1% of the state’s export revenues.