In August 2018, businessman Flavio Maluf reported on the agribusiness numbers and trends from the past 12 months. Overall, the numbers went down 0.7%. Maluf explains that the reason for this decrease in revenue was caused by the balance of trade between Brazilian agribusiness companies and its counterparts. The total number shows that the 0.7% decreases equals 8.17 billion U.S. dollars.
The products that traded the most included soy (53.5%), forest products such as wood and plants (14.4%), meat (8.3%), sugar alcohol (7%), and coffee (3.9%). The reports show that China was the largest land contributor to trade with Brazil last year for all of these products. The European Union came in second place for trading. Follow Flavio Maluf on Twitter.
Flavio Maluf is able to provide the agribusiness insights due to the fact that he is the owner and CEO of Eucatex, a business which provides sustainable products made from the eucalyptus plant. Eucatex produces paint, building supplies, furniture, and flooring all under an economical mission.
Maluf is also a philanthropist and gives back to the Brazilian community through Eucatex. Maluf works as a business adviser for new entrepreneurs who need direction to build their own multi-million dollar company. He writes for entrepreneurship blogs and mentors business men all around the world.
Because he grew up under the roof of a businessman, Flavio Maluf learned the keys to being successful in his own businesses. He did not become CEO of Eucatex overnight, but rather worked his way up to the the top, working the lowest jobs at first. Maluf knows the feeling of being less than and strives to bring hope to those who want to succeed in business, just like him. Not only does he own Eucatex, he also owns a well knows food business in Brazil called Grandfood center, where all his agricultural knowledge is put to use once again.