Exports from RS reach US$ 22.3 billion in 2023

Exports from RS reach US$ 22.3 billion in 2023
Exports from RS reach US$ 22.3 billion in 2023
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Between January and December 2023, the sum of exports from Rio Grande do Sul reached the mark of US$ 22.3 billion. Despite the drop of 1.3%, corresponding to US$293.2 million, compared to 2022, this is the second highest value in the historical series, which started in 1997. The data was released this Wednesday (31/1) , by the Department of Economics and Statistics (DEE), linked to the Secretariat of Planning, Governance and Management (SPGG). Even in the face of the drop in foreign sales in Rio Grande do Sul, Rio Grande do Sul remained in sixth place among the main exporting states in Brazil, behind only São Paulo, Rio de Janeiro, Minas Gerais, Mato Grosso and Paraná. Among all states, the value of exports rose 1.1% throughout 2023, while the relative share of Rio Grande do Sul fell 0.2 percentage points, reaching 6.6% of the total of Brazilian states. In the balance of the year, soybeans remained the state’s most exported item, with US$4.05 billion, followed by non-manufactured tobacco (US$2.29 billion) and soybean meal (US$1. 81 billion). The list of the ten best-selling products also includes chicken meat (US$ 1.45 billion), cereals (US$ 1.41 billion), cellulose (US$ 832.6 million), pork (US$ 637.4 million ), parts and accessories for automotive vehicles (US$ 625.4 million), footwear (US$ 623.4 million) and ethylene polymers, in primary forms (US$ 519.2 million). The authors of the statistical material are researchers Ricardo Leães and Flávia Félix Barbosa, who worked using raw data from the ComexStat System, from the Ministry of Development, Industry, Commerce and Services (MDIC). According to Leães, two factors together were decisive in explaining the State’s sales performance. As an expansionary factor, the partial recovery of grain production in Rio Grande do Sul, due to the occurrence of a less severe drought in relation to the previous harvest year, enabled greater volumes to be shipped abroad. Then, acting as a restrictive factor, there was a drop in international prices of the main agricultural commodities. The products that registered the biggest absolute increases in exports from Rio Grande do Sul were soybeans (plus US$ 747.7 million; 22.6%), soybean meal (plus US$ 328.7 million; 22.2% ), unmanufactured tobacco (plus US$ 299.7 million; 15.1%), pumps, centrifuges, air compressors, fans, exhaust fans, filtering or purifying devices and their parts (plus US$ 236.8 million; 906 .8%), live cattle and buffaloes (plus US$ 98.7 million; 253.7%), automotive vehicle parts and accessories (plus US$ 84.7 million; 15.7%) and weapons and ammunition (more US$65.0 million; 38.9%). On the other hand, the three products that showed the biggest drop in exports in the period were cellulose (minus US$378.4 million; -31.2%), soybean oil (minus US$308.9 million; -39.8% ) and cereals (minus US$ 302.1 million; -17.7%).

Main destinations

Between January and December 2023, Rio Grande do Sul exported its goods to 194 destinations. China remained the main one, accounting for 24.5% of total exports. Compared to the same period last year, there was a 14.6% increase in sales to the Asian country, representing US$694.6 million. The list of the largest importers of products from Rio Grande do Sul continues with the European Union (13.4%), United States (9.0%), Argentina (4.9%), Vietnam (3.2%), Mexico (2.9 %), Paraguay (2.7%) and Uruguay (2.4%). Since 2008, China has been the most relevant country for Gaucho exports and, for this reason, the study delves into the country’s relationship with Rio Grande do Sul. For Leães, the Chinese have become the State’s main buyers due to the model of economic growth based on industrial advancement and the promotion of exports. This resulted in an increase in purchases of products of agricultural origin, especially soybeans, pork, cellulose and unmanufactured tobacco. The scenario is mainly explained by the growth in the average income of the Chinese population, whose consumption pattern has advanced over the last few decades. The study points out that the slowdown in the growth rate of the Chinese economy over the last five years has not yet brought adverse results to Rio Grande do Sul due to two factors: the country’s still high growth averages in relation to developed economies and the scarce global supply of soybeans, which benefits the State. “Other Southeast Asian countries have also grown in importance for Gaucho exports, a movement explained by the growth of the industrial base, the increase in the level of average income and the increase in imports of agricultural commodities. In 2023, Vietnam showed an increase of 46.1% in imports of products from Rio Grande do Sul, and Bangladesh, 268.5%”, explained Leães. (By Karine Paixão – Ascom SPGG)

(Editor Sou Agro/Sou Agro)

The article is in Portuguese

Tags: Exports reach billion

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