Tuesday, May 15, 2007

Industrialization and agribusiness in Lula's Brazil

"Between 2002 and 2006, foreign sales of Brazilian agribusiness grew 99%. They rose from US$ 24.8 billion to US$ 49.4 billion, according to figures supplied by the Ministry of Agriculture, Livestock and Supply. The growth continues in 2007. In the first four months alone, sector foreign sales totalled US$ 16.5 billion - the value is 24.7% greater than that exported in the same period last year. The Middle East leads the ranking of regions that grew most as destinations for Brazilian exports - 67.4%, followed by the European Union (34.95%) and Africa (33.4%)."

Brazilian intensive farming and agribusiness have grown tremendously in the past few years. Links to more articles about Brazilian farming. Very interesting stuff from the country of the Amazon, the Favellas and Lula's Left.

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