SC cooperatives earned R$ 85.9 billion and number

Cooperatives in Santa Catarina recorded revenue of R$85.9 billion in 2023. The sector’s results were presented in Florianópolis by Ocesc, the Organization of Cooperatives of the State of Santa Catarina. One of the most relevant data is the expansion in the number of cooperative members, which grew 9.6%. Now, cooperatives directly and indirectly bring together 4.2 million people from Santa Catarina. Agribusiness continues to be the highlight.

64% of jobs and gross operating revenue are generated by agribusiness within cooperatives. Even with the impressive numbers, the sector showed a 3% drop in operating revenue and ended 2023 with R$54.7 billion. The decline is due to price drops on the world market and poor performance on the domestic market. Now, the sector expects support from the government to lower production costs.

Even though credit unions recorded the highest growth in total revenue and attracted the highest number of members in 2023, it is agribusiness that is responsible for the numbers that boost SC exports. Last year, the increase was 2%, with almost R$10 billion. Cooperativism is one of the pillars of the economy in Santa Catarina, generating employment and income in various areas and attracting more and more Santa Catarina residents.

“It is a sign that our producer, our urban consumer has also been believing in the cooperative system in the state of Santa Catarina. A system that has really been growing, which is an example for Brazil. We are the most cooperative state in Brazil”said Luiz Suzin Marin, president of Ocesc.

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