Russia and China lead demand as Sao Paulo drives national production
Brazil has achieved a historic milestone in peanut exports, shipping 180,000 tonnes to international markets, reports Band News TV, a partner of TV BRICS.
With an annual production of around one million tonnes for confectionery and oil, Brazil has secured its position as the world’s sixth-largest exporter of high-quality peanuts. The main destinations were Russia and China.
Sao Paulo stands out as the leading peanut-producing state, accounting for 86 per cent of national output and holding the top spot in exports. The report highlighted that the state's dominance is due to its developed agricultural infrastructure and extensive experience in the sector.
According to data from the Institute of Agricultural Economics (IEA), Sao Paulo produces more than 700,000 tonnes of peanuts each year. The municipalities of Tupa, Marilia and Jaboticabal are the state’s main production hubs.
Photo: Sergii Kolesnikov / iStock
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Dilma RousseffPresident of the New Development Bank"India’s BRICS Presidency this year gives special significance to our discussion. NDB stands ready to be a trusted partner in turning commitments on sustainability, clean energy, smart and resilient infrastructure into concrete results on the ground. […] For NDB, mobilising private capital is a strategic imperative. Created by the BRICS founding members, NDB is a bank of the Global South, for the Global South, mandated to mobilise resources for infrastructure and sustainable development" -
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Sihasak PhuangketkeowDeputy Prime Minister and Minister of Foreign Affairs of Thailand"BRICS can play a very important role in maintaining the free flow of trade and investment. The group can also be a vehicle for all of us to engage and to look at economic opportunities"
