Flavio Maluf is the president of the companies EucatexandGrandfood. He was born in a wealthy political family, and his father is still a good politician and successful businessman. Flavio earned a Mechanical engineering Degree from Armando AlvaresPenteado Foundation but had a great interest in entrepreneurship. He enrolled for a second degree in Business Administration and launched his career in 1997 by taking control of the family business. Visit their website flaviomalufoficial.com to learn more.
In a recent report by Flavio Maluf, there was an indication of a 0.7 percent decrease in Brazilian agribusiness export in June in comparison to the export of the same month the previous year. His report indicated a $9.21 billion in exports in June 2018 which was the same value compared to exports in June 2017 in the agribusiness sector that represents 45.6percent of the country’s total exports. Regarding exports, there was a 10.1 percent decline to $ 1.04 billion from the same time the previous year. The total trade in agribusiness this year stood at the US $ 8.17 billion indicating a balance of trade as stated by Mr. Flavio Maluf.
There are five main products exported in the agribusiness sector as stated by Flavio Maluf. Soy was the leading export product standing at 53.5percent followed by forest products, meat, sugar-alcohol complex, and coffee at 14.4percent, 8.3percent, 7percent, and 3.9percent respectively. According to Flavio’s report, most of the agricultural products shipped to Asia. For the entire period from July 2017 to June 2018, and including the last month of June, most Brazilian agribusiness products (Cellulose and Soybeans) were exported to China.
Soybean production is expected to hit the 119 million tonnes mark according to the conab survey because of the favorable balance of trade in the agribusiness sector as stated by Flavio Maluf. Conab predicted 72 million tons of exports in soybeans this year, a 5.6percent rise from the previous year.
Flavio Maluf emphasizes the trade in the first six months of 2018 that has seen Brazil ship grain totaling to 46.27 million tons generating revenue of US $ 18.43 billion compared to last year. The export indicated an increase of 10.6 percent in value and a 5.2 percent in quantity. Flavio Maluf indicates that the Ministry of agriculture is in control of 28 sector chambers that control agribusiness in Brazil.