Imports surge and dairy sector deficit rises 20%

Brazilian exports and imports of dairy products increased in September, but the faster growth of foreign purchases widened the sector’s trade deficit.

According to an analysis by the Center for Advanced Studies in Applied Economics (Cepea), based on data from Secex, Brazilian exports totaled 5.92 million liters of milk equivalent, up 10.88% from August. Imports, however, grew 19.99% in the same period, reaching 198.11 million liters.

As a result, the dairy trade balance deficit rose 20.3%, reaching 192.19 million liters in milk equivalent. In monetary terms, the gap amounted to US$86.17 million, a 20% increase from the previous month. Compared to September 2024, imports grew 6.01%, while exports dropped 56.23%.

Among imported products, powdered milk stood out, with purchases up 28% and accounting for 76.6% of total imports. The average price of the product was US$3.56/kg, a 1.6% decline compared with August. Cheese, which represented 22.7% of imports, saw a slight drop of 1.58% in volume but an 11.5% increase in average price, reaching US$10.41/kg.

On the export side, cheese and condensed milk accounted for 39.7% and 22.9%, respectively. However, both recorded declines in shipped volumes: 9.12% for cheese and 4.13% for condensed milk, totaling 2.35 million and 1.35 million liters in milk equivalent.

Source: O Presente Rural 

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