Brazil exports 111.8 thousand tons of rice in November

Published 2024년 12월 12일

Tridge summary

In November, Brazil's rice exports and imports experienced significant declines compared to the previous year, with a 20% drop in export volume and a 9% decrease in revenue, reaching 111.8 thousand tons and US$ 51.3 million respectively. Import volume also fell by 22%, with 75.7 thousand tons. However, the revenue from imported rice grew slightly by 2.2%. The majority of the exported processed rice was sent to Mexico, a strategic market for Brazilian Rice, a project by Abiarroz and ApexBrasil, aiming to boost Brazilian rice exports. This project also seeks to renew the Package Against Inflation and High Prices, which exempts import tax on basic food items, including Brazilian rice, making it up to 16% cheaper in Mexico. Abiarroz, established in 2009, represents the rice industry's interests and promotes the sustainability of the rice industry through dialogue with government entities and international market development.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(By Abiarroz) Brazil exported 111.8 thousand tons of rice (husk base) in November, with revenue of US$ 51.3 million. The report is released monthly by the Brazilian Rice Industry Association (Abiarroz), based on data from the Ministry of Development, Industry, Commerce and Services (MDIC). The volume exported last month fell 20% compared to the same period in 2023, when shipments totaled 139.8 thousand tons. There was also a 9% drop in revenue. Regarding imports, Brazil purchased 75.7 thousand tons of rice (husk base) last month, with a disbursement of US$ 34.9 million. There was a 22% drop in imports compared to the amount purchased in the same month in 2023. Compared to October 2024, the reduction in volume was 38%. Processed rice Shipments of processed rice by the industry abroad totaled 80.9 thousand tons in November 2024, with revenue corresponding to US$ 36.7 million. In terms of volume, the decrease was 12.4% compared to the same period of the previous year; in terms of ...

Source: Planetaarroz