Abiarroz: Brazil exports 123 thousand tons of rice in October

Brazil exported 122.9 thousand tons of rice (husk base) in October, with revenue of US$ 47.1 million, according to the Brazilian Rice Industry Association (Abiarroz), based on figures from the Development, Industry, Commerce and Services (MDIC). The volume exported last month fell 39.7% compared to the same month in 2023, when shipments totaled 203.8 thousand tons. In terms of revenue, the drop was 34.5% compared to the same period (in October 2023, revenue from foreign sales was US$ 65.6 million). Shipments of processed rice abroad in October totaled 81.9 thousand tons, with foreign exchange of US$ 26.9 million. In terms of volume, the drop was 53.2% and in terms of revenue, US$ 48.7%. The main destinations for processed rice exports last month were Senegal, the Netherlands (Holland), Gambia, Sierra Leone, Peru, Saudi Arabia, Cape Verde, Trinidad and Tobago, Uruguay and Portugal. Gustavo Trevisan, Director of International Affairs at Abiarroz, points to the floods that occurred ...