The cachaça route in Brazil exported 7 million litres in 2019

Cachaça is the second most consumed alcoholic beverage in Brazil, according to the Brazilian Institute of Cachaça (Ibrac). The drink represents 72% of the distillate market in the country. There were $14.45 million favourable to the balance of trade, exporting 7.26 million litres in 2019. A study by the Ministry of Agriculture in 2020 showed that there was a 9.73% increase in the number of products classified as cachaça in 2019.

Source: UOL Economia

Brazil’s agribusiness exports reach $9 bn with soybeans and sugar

Brazilian agribusiness exports reached $8.91 billion in August, up 7.8% from the same period in 2019, driven by a 16.5% increase in the volume shipped, particularly soy and sugar, the Agriculture Ministry said. As a result, agribusiness accounted for more than 50% of the country’s total exports in the month, according to a survey by the Trade and International Relations Secretariat.

Source: Money Times