Economy
Imports fell 67% in the same period.
Brazil Agency
With the crisis in Ukraine, Brazilian exports to that country decreased by 60% in the first two months of this year compared with the same period of 2013. Imports dropped 67% in the same period. In February, exports totaled US$ 4 billion from US$ 26 billion in the same month last year, a decline of 84%. The information was given yesterday (6) by the Secretary of Foreign Trade, Ministry of Development, Industry and Foreign Trade, Daniel Godinho.
"Ukraine to Brazil is a small market. On the import side, we fertilizers. On the export side, the main product is meat, "Godinho said. He spoke about it at a news conference in which he commented on the results of the Brazilian trade balance in February. In the month, there was a negative balance of US$ 2.1 billion. It's the worst result for the period in 20 years. During the year, the accumulated deficit reaches $ 6.1 billion.
The representative of Ukraine among the markets that buy Brazilian beef is not great. According to data from the Ministry of Agriculture, Livestock and Supply in 2013, US$ 16.8 billion exported by Brazil, Ukraine acquired US$ 266 million, equivalent to 1.58%. The European country buys mainly pork. On Wednesday (5), the Brazilian Association of Producers and Exporters of Pork issued a statement stating that since October last year, sales have been falling for the country. According to the association, there is no sign of reversal scenario.
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