Reporting on how Brazilian agriculture did for the month of June 2018, entrepreneur Flavio Maluf stated compared to June of last year the numbers were down 0.7 percent. Agricultural exports were US $9.21 billion for the month and accounted for 45.6 percent of total exports. Meanwhile, agricultural imports were US $1.04 billion in June which was 10.1 less than they had been in June 2017.
The numbers, as reports by the Secretariat of International Relations, stated that soy was 53.5 percent of the agricultural exports. Other agriculture that made up the lion’s share of exports were forest products, meat, sugar-alcohol complex, and coffee. Businessman and executive Flavio Maluf reported that most of Brazil’s exports went to Asia. Most of these shipments were made up of soybeans and cellulose.
After Asia, the European Unions was Brazil’s second biggest export market. What was mainly shipped to the EU was green coffee, orange juice, soybean meal, and pulp. Flavio Maluf said that for the first half of the year exports had increased by 5.2 in quantity and in value they had increased by 10.6 percent. The average price increase for exports was 5.1 percent. Read more about Flavio Maluf at Blog do Ronco
Flavio Maluf is in charge of running two companies in the agricultural industry. These are Eucatex and Grandfood. Eucatex is a company that was started by his great-grandfather, Salim, in 1940. This company grows and harvests Eucalyptus trees which are used to build furniture, houses, as well as toys. It is a very sustainable business. Grandfood is a chain of grocery stores that Flavio Maluf started several years ago.
He has a few words of caution for others who want to become an entrepreneur. He says that many people think that if you own a business you will get to earn more while working less. Flavio Maluf says this is a myth and a business will only succeed if you dedicate plenty of time to it.