Brazil´s Food Exports Too Concentrated on China, Agriculture Minister Says

 

Brazil´s agricultural exports are very concentrated in China, advising the South American country seeks new markets to diversify its foreign sales, Agriculture Minister Tereza Cristina said.

 

“In the case of soybeans, today we export 80% to China. We need to diversify this further, so we are there talking to many countries”, Cristina said on Friday during an interview broadcast online.

 

“Brazilian soy is very good, because it has more oil than soy produced in temperate countries, so it is more productive, it yields more. We have great opportunities there”, added the minister.

 

“We are opening new markets, in countries that we had never exported and also products that we had never exported,” he said

 

The rapid economic recovery of several Asian countries, especially China, prevented the new coronavirus pandemic from causing a “shock” to Brazilian exports, Brazilian Economy Minister Paulo Guedes said recently.

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