Brazilian fruit exports take advantage of domestic weakness and dollar strength

In 2020, revenue from Brazilian fruit exports came in at US$ 935.4 million. Now, with just a short time to year’s end, the goal of surpassing US$ 1 billion remains, after reaching US$ 995 million by the end of November.

The performance noted by the market brings two characteristics. The first is that Brazilians' flat income encouraged the sector to export more. The second point is that the logistical problems with containers and ships – which harmed coffee, for example – and the costs of air freight could have given even more of an impetus. 1.05 million tons were shipped in 2021, including citrus peels and melons.

International demand, heated by domestic consumption in the Northern Hemisphere during the restrictions – and on a population with a fruit consumption habit far beyond the Brazilian one – was reinforced by the depreciation of the Brazilian real.

Source: abrafrutas.org


Photo source: Dreamstime.com 


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