The entrepreneur and Chief Executive Officer of Eucatex, Flavio Maluf recently talked about the Brazilian agribusiness balance for the month of June 2018, noting that compared to June of 2017, the numbers decreased by 0.7%. The Secretariat of International Relations of the Ministry of Agriculture released the export numbers for Brazilian agribusiness, exports reaching $9.21 billion. The agricultural industry represents more than 45% of the country’s total foreign sales in the month of June. The import side of things reached $1.04 billion, which is a number contracted by more than 10% over the same period last year. Learn more at mundodomarketing.com about Flavio Maluf
Soy represents more than half of the exports that took place in the month of June, reaching 53.3%. Other segments, which although are less impactful they still have a significant share, are coffee (3.9%), sugar-alcohol complex (7%), meat (8.3%), and forest products (14.4%). Maluf points out the fact that the Asian region (in particular China) has been the main stop for Brazilian exports in the last year and in the first half of 2018, shipments consisting mostly of cellulose and soybeans.
The second largest destination for Brazilian agribusiness exports in the month of June was the European Union, the region experiencing increased sales of soybean meals, orange juice, pulp, and green coffee. Flavio Maluf notes that in the first half of 2018, Brazil shipped over 46 million tons of grain, which generated revenues of more than $18 billion. Compared to the same period in 2017, there ahs been an increase of 5.2% in quantity and 10.6% when it comes to exported value.
The idea behind Maluf’s business (Eucatex) came from his great-grandfather who was the owner of one of the largest sawmills in Latin America. The mil was founded in 1940, and during the 1960s Maluf’s father and uncle decided to use it to make a wood fiber lining industry. He took over the leadership of the business back in 1997, and besides his work with Eucatex he is also the president of Grandfood. Despite holding a Mechanical Engineering degree from Armando AlvaresPenteado Foundation, his interest in being an entrepreneur drove him to pursue business on a full time basis. Visit: https://www.terra.com.br/noticias/dino/conheca-com-o-empresario-flavio-maluf-alguns-mitos-e-verdades-a-respeito-de-ser-um-empreendedor,21991ecd7b49587604a2d972ecada3b6lz1vsqwr.html