| This study aims to analyze the agribusiness contribution to Brazil’s trade balance. A new classification of the agribusiness trade balance was proposed and used to analyze the aspects of the exported products –agricultural products, products of animal origin, industrialized foods and imported inputs – represented by fertilizers. Imports and exports vector autoregression models were used to explain the behavior of these variables. An increase of 1% in the attractiveness – product of the exchange rate by the international prices – boosts immediately the exports of non processed agricultural products by 1.71%, stabilizing at 2% after some trimesters. The attractiveness explains 60 to 74% of the forecast error variances of these exportats. It is noted that an... |
