Brazil's rice exports drop 20% in November

Published 2024년 12월 12일

Tridge summary

In November 2024, Brazil's rice exports and imports saw a decrease compared to the previous year. The country exported 111.8 thousand tons of rice, generating revenue of US$ 51.3 million, a 20% drop in volume and a 9% decrease in revenue compared to November 2023. Imports of rice also decreased by 22% compared to November 2023 and by 38% compared to October 2024. Milled rice exports totaled 80.9 thousand tons, with revenue of US$ 36.7 million, showing a 12.4% reduction in volume but a 2.2% growth in revenue. Mexico was the main destination for milled rice, with around 16 thousand tons sent. Abiarroz is working to consolidate Mexico as a strategic destination for Brazilian rice by promoting the high quality of the product and favorable economic conditions.

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

Original content

In November 2024, Brazil exported 111.8 thousand tons of rice (husk base), generating revenue of US$ 51.3 million, according to the monthly report of the Brazilian Rice Industry Association (Abiarroz), based on data from the Ministry of Development, Industry, Commerce and Services (MDIC). However, the volume exported represented a 20% drop compared to the same month in 2023, when the country shipped 139.8 thousand tons. Revenue also showed a 9% reduction in the annual comparison. Regarding imports, Brazil acquired 75.7 thousand tons of rice (husk base) last month, with an outlay of US$ 34.9 million. There was a 22% decrease in imports compared to November 2023, and a 38% reduction compared to October of this year. Shipments of milled rice totaled 80.9 thousand tons in November, with revenue of US$ 36.7 million. Although there was a 12.4% reduction in the volume exported compared to the same period in 2023, revenue showed a growth of 2.2%. The main destinations for milled rice in ...

Source: Portal Do Agronegocio