September 20, 2021

The Catholic Transcript

Complete News World

SC exports grow 31% in July and the US is the main market |  Estella Benati

SC exports grow 31% in July and the US is the main market | Estella Benati

Santa Catarina ended with $ 952.14 million in exports in July, 31.1% higher than the same period in 2020 and an increase of 2.4% compared to the previous month. The United States has the largest overseas revenue, at $ 206.9 million. Total imports from SC were US $ 2.070 billion, an increase of 93.5% over the same month in 2020.

Get important information about Santa Catarina through WhatsApp

Santa Catarina Trade Equilibrium Data was released by the State Industrial Federation’s FISC Lab, which focuses on improving sales profile for the United States. The market is dominated by wood and furniture products, which accounted for 58.7% of the total for the month, while technical items such as auto spare parts and electrical equipment also rose. This is a direct impact of the US economic recovery on Santa Catarina’s business.

Despite this highlight for the United States, strong overseas sales in Santa Catarina continued with the animal protein farming business, which had revenues of over $ 300 million. Poultry meat reached $ 148 million, 54% more than the same month in 2020. In second place was pork, $ 127 million, 29.6% more than in July last year. Soy, another agribusiness product that has a strong impact on inventory handling in SC, withdrew 115.2 thousand tonnes per month compared to 2020, which led to a 30.6% reduction in revenue.

After the United States, SC increased sales by 78.5%, coming to China, where sales totaled $ 165.6 million, down 3.9% compared to the same month. In 2020, Argentina was followed by US $ 52.7 million 69.54%, and Chile, US $ 45.8 million, 107% more.

Of the total US $ 2.07 billion in imports, most are raw materials for industry. The main product came from Chile, totaling $ 80 million in July, a 230% increase in financial value. Another highlight is linked to the epidemic: the import of hospital gloves. SC bought US $ 45.2 million worth of the product in July and the main supplier was Malaysia.

Another group of highly imported products is nitrogen fertilizers, an increase of 122.8% compared to the same month in 2020. From the United States, SC purchased more ethylene polymers and automobiles.