Flavio Maluf Provides An Update On Brazil’s Agricultural Exports

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Flavio Maluf of Eucatex Group works in the Brazilian agricultural industry. He said that the Ministry of Agriculture, Livestock, and Supply, which oversees his industry, has three main responsibilities. These are managing public policy surrounding agriculture, promoting the businesses that make up this industry, and putting in place proper regulations. The goal is to produce enough food not just to feed Brazil but to have enough to have an agricultural export surplus. Agriculture makes up a nearly 46% percentage of Brazil’s international trade surplus. Read more about Flavio Maluf at ideamensch.com

He explained that soy is Brazil’s biggest export, accounting for 53.5% of them. This is followed by forest products at 4.4%, meat at 8.3%, sugar-alcohol complex at 7%, and coffee accounting for 3.9%. Flavio Maluf’s company is in the forest products business. It grows eucalyptus trees which are turned into wood fiber. This is then used to build slabs which can be used for furniture, civil construction projects, and toys.

Flavio Maluf says that Brazil’s international agricultural exports are at a lower level than they were this time last year, which was down from the year before that. He says that exports to the United States, Brazil’s biggest trading partner, were down to US $9.21 billion for June 2018. Their second biggest market is the European Union and that was down as well. He does expect the sell of soybeans to go up, though, and be up 4.2% next month as compared to last year.

He took over operating Eucatex Group from his dad in 1997 and is now the president and CEO of the company. He also started another company GrandFood Group, which is a chain of supermarkets. Flavio Maluf attended FAAP in Brazil and has a degree in mechanical engineering. He also attended New York University in the United States, earning a degree in business administration. Visit: http://www.infomoney.com.br/negocios/noticias-corporativas/noticia/5913933/flavio-maluf-traz-dicas-que-podem-ajudar-transformar-sua-ideia