Brazilian biscuit, pasta, bread, and cake exports rise 49% in first quarter of 2020
Jun, 10, 2020 Posted by Sylvia SchandertWeek 202024
According to the Brazilian Association of Biscuits, Pasta, Breads & Cakes Industries (Abimapi), exports of these products increased by 49% in the first four months of this year when compared to the same period last year totaling 38,500 tons. The growth in export revenue was 8% over the same period comparison, totaling US$ 50.2 million.
“Despite an unstable scenario, due to the current economic situation and the high price of flour, the devaluation of the real had a favorable effect on exports of products from the Abimapi basket,” says the executive president of Abimapi, Claudio Zanão.
According to Abimapi, social isolation measures to control the new coronavirus also contributed to the growth in consumption and exports of products intended for food within the home. The main destinations for Brazilian cookies and pasta were the United States, Uruguay, and Paraguay.
Source: Agência Estado
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