Flavio Maluf Keeps a Watchful Eye over Brazil’s GDP Numbers

Flavio Maluf is a business man that has his finger on the pulse of Brazilian economics. He keeps a close eye on the nation’s GDP. According to reports, Brazil’s agriculture sector failed to match the beginning numbers of growth for 2017. Flavio Maluf is President of the companies Eucatex. GDP for livestock and agriculture declined by 2.6% from January through March of 2018. This indicates a decline over the same months in 2017. Learn more about Flavio Maluf on Crunchbase

Product circulation may have played a critical in the causing the GDP to drop. A trucker’s strike prevented corn from reaching its export locations. There was also a fluctuation in meat and coffee production which shorted the usual number of products that reach the nation’s ports.

Soybean production boosted the nation’s GDP for 2018 with a record-breaking harvest of 119 million tons. The country harvests most of soybean crop volumes in the first quarter of the year. Flavio Maluf also notes there was reduction of rices and leaf tobacco for the first quarter of 2018.

Flavio Maluf also mentions that 2018’s drop in GDP did not come as a surprise since 2017 was a record-breaking year. All product harvests, combined, equaled 240 million tons. It may be that Brazil will also have to look at improving its infrastructure. Infrastructure has much to do with how efficient products arrive at port.

At present, two of the biggest buyers or Brazilian agriculture and products are the United States and China. China, in particular, has about 1.3 billion people. China is also in a state of economic growth. Quite naturally, it is a perfect destination for Brazilian goods.

Flavio Maluf keeps all factors in mind while keeping an eye on the Brazilian economy. He knows that changes in the international marketplace could occur at any time. For instance, America’s new administration has given the market a pause of uncertainty. However, all of these things are within the scope of what his country pays him to do for a living. Read more: https://ideamensch.com/flavio-maluf/