Exports to the US market are starting to recover.

The impacts of the tariffs imposed by the United States are beginning to show changes in the pace of Brazilian exports. On November 13th, an exemption came into effect for some agricultural products shipped to the American market. The exemption applies to beef, coffee, orange juice, and fruits such as mango, açaí, nuts, bananas, and papaya. Items such as beef tallow, grapes, instant coffee, fish, and honey remain subject to tariffs.

Even though it's recent, the measure is already reflected in the numbers. Total Brazilian exports to the US have started growing again after months of decline, reaching US$2.66 billion, an increase of 191% compared to October. Even so, the result remains 28% below that recorded in November of last year.

In agribusiness, however, the movement is still timid. Sales in the sector totaled US$643 million, a decrease of 571% year-on-year and a contraction of 7.71% compared to the previous month. The expectation is that, with the removal of tariffs on a large part of the products, the flow of shipments will pick up pace again in the coming weeks, especially given the importance of the American market for various agricultural supply chains.