Flavio Maluf Reports On The Export Activity In Brazil

The results are in for June’s exports in Brazilian agribusiness. According Flavio Maluf, there was a decrease of 0.7% when you match it against June of last year. This year the exports came up to $9.21 billion. This time last year, the sector’s exports were at that number. The agricultural sector makes up 45.6% of the total foreign transactions in the month. The sectors imports were $1.04 billion this year these numbers have a difference of 10.1% compared to this time last year. Flavio Maluf says these fluctuations caused a balance of trade in agribusiness that totaled $8.17 billion. Visit on his twitter for more updates.

A Breakdown Of Export Activity

Soy took up over half of the total exports in June. It was at 53.5%. There were four others that had an important share in the exports. Those were meat at 8.3%, forest products at 14.4%, coffee at 3.9% and sugar-alcohol at 7%. When looking at export destinations Flavio Maluf says that China has take the majority of Brazilian exports in the last year. The main products that went there were soybeans and cellulose.

The European Union was the second biggest stop for Brazilian exports in June. It was noted that sales increased for soybean by $94.7 million, green coffee by $17.64 million, pulp by $60.36 million and orange juice by $35.40 million.

Analyzing The Survey

Looking at Conab’s most recent survey of this past year’s harvest things are looking favorable for the agribusiness balance. Mainly about the sales of the soybean complex. The production is hoped to rise to 119 million tonnes which would be 4.2% more that the last harvest, Flavio Maluf reports. Conab has also estimated that the country’s total soybean export numbers for the year will be around 72 million tons. If true, this number would beat out the last period by 5.6%.

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Alex Hern Reveals Comprehensive Details about his Business and Life

Avid entrepreneur Alex Hern is one of the personalities behind the co-founding of Tsunami XR. According to IdeaMensch, the idea for the company stemmed from the realization of a need for new software platforms and applications due to the transition from the CPU to the GPU-powered era. Hern makes the most out of his day by focusing on one thing as opposed to multitasking. In fact, he views the latter as a distraction that often leads to underperformance. Read more about Alex Hern at bloomberg.com.

When it comes to transforming ideas into life, Alex Hern takes advantage of the quiet nighttime while most individuals are dead asleep. During this period, he focuses on the technology powering his business and imagining other capabilities and applications that can bolster it to better heights. Speaking of technology, artificial intelligence, machine learning, and cloud-based computing make up some of the trends that currently excite him.

Aside from staying focused on your goals, Hern recommends other traits such as waking up early and being consistent each day. He also advised entrepreneurs to be prepared for the negative impacts associated with macroeconomic conditions. Aside from business, Alex Hern suggested ‘The One Thing’ as an ideal book if you want to gain awareness about the power of focus.

Read: https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=419332108

About Alex Hern

Well-known for being the co-founder and CEO of Tsunami XR, Alex Hern boasts over 25 years’ worth of entrepreneurial experience. In the course of his career, he has concentrated not only on early-stage companies but also on the incubation of technology companies. Aside from co-founding Tsunami XR, Alex Hern is the director and co-founder of Yesmial Alex Brown led IPO or YESM, which is a web directory and email marketing entity. He is also known for co-founding other companies including ArcSight (ARST) and Military Commercial Technologies, a cybersecurity company that was acquired for $1.5 billion and a technology commercialization incubator financed by both L-3 and Lockheed respectively. Follow Alex Hern on Linkedin.