Learn how the swine flu outbreak could affect the sectors of the economy
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Analysts predict that Brazilian cattle can benefit.
Tourism sector suffered immediate losses, with cancellation of travel.
The emergence of swine flu, which caused deaths in Mexico and spread to other countries, the World Health Organization (WHO) classifies as "imminent pandemic," has affected some sectors of the economy.
The airlines and travel agencies suffered cancellations and postponements of trips, and pharmaceutical industries are already feeling the increase in demand for drugs.
However, the market has expected effects on other sectors. The Mexican retail, for example, has had a very short-term gain, according to Credit Suisse, on behalf of panic buying prompted by the shortage. Meanwhile, the pork products in the U.S. and Canada suffered seizures in some countries for fear of the disease.
Agribusiness
According to analyst Amaryllis Romano, an economist and expert in agribusiness consulting Trends, swine flu can be, after all, a good deal for the sector in Brazil. This is because, depending on developments, different segments of agriculture stand to profit from the disease.
If the disease does not come to Brazil, the industry itself pork may have positive effects. The analyst explains that the United States and Canada have 40% of international trade in pigs, while Brazil has 17% stake. If the meat of these countries is barred in many nations, the domestic product can conquer new markets.
Today, the largest importer of pork in Brazil is Russia. However, other major consumers in Asia, notably China, may see the need to open the market for Brazilian products - today, the country still negotiating the license to export refrigerators to the Chinese territory.
And even if there is some restriction for Brazilian pork - adversely impacting this segment - Amaryllis says that Brazil produces all possible substitutes for the product.
"What has happened since (the early) 2000 is that we have been enjoyed by all international confusion," says the economist.
She explains that in the case of swine flu, the country could contribute to the eventual replacement of the product because it is the world's leading producer of beef and raced in the first place in the poultry sector. It is also the largest producer of soybeans, vegetable protein to replace meat.
Source: G1
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Important:
The JurisWay site does not interfere in the work provided by doctrine, why only reflect the opinions, ideas and concepts of their authors.
