04/29/2019 12h28

Exports of biscuits, pasta and industrialized breads produced in the state of São Paulo grow 33% in 2018

Companies in São Paulo exported almost US$ 95 million and accounted for 69.5% of Brazilian sales abroad

Invest São Paulo

In 2018, the exports of some sectors in the food industry reported the best result of the past four years according to data from the Brazilian Association of Biscuits, Pasta and Industrialized Breads & Cakes (ABIMAPI). The entity, which released its domestic results recently, submitted the information to InvestSP, which analyzed the share of the state of São Paulo in the Brazilian exports.

The growth of the country’s exports is due to the improvement of exports from São Paulo. The companies settled in the state exported more than 45,000 tons last year and earned US$ 94.97 million (R$ 347.5 million considering the average US dollar price of 2018). This represented a growth of 33% compared to the sales reported in 2017, which amounted to US$ 71.16 million and 30% in relation to the sales volume of 35,000 tons.

São Paulo also reported an increased share in national exports. In 2017, companies in the state accounted for 55% of the US$ 129.24 million exported and in 2018 there was a growth in this share to 69.5% of the US$ 136.69 million exported by the country.

Cookies and biscuits, waffles and wafers are the products that rule the agenda. In 2018, companies exported US$ 63.60 million in these categories, which accounted for 67% of exports from São Paulo in the market in question.

Two countries stand out in the purchases of products made in São Paulo. The United States is the main destination of Brazilian exports in the sector. There, sales reached US$ 33 million and 12,000 tons. In Mercosur, the country with the most appetite for Brazilian products is Paraguay, which is the second most important region for international sales of companies associated with ABIMAPI.

InvestSP believes that improving both export volume and revenue is a good sign for the state’s economy. “The growth of exports and keeping it at higher levels is a good sign for the food sector. This allows companies to make new investments to keep the strategy of international expansion,” said the investment director of the agency, Sérgio Costa.