Brazil: Cachaça spirit exports are recorded in the accumulated of US$ 18.47 million in 2023

Published 2022년 12월 12일

Tridge summary

The Brazilian cachaça industry has experienced a surge in exports in 2022, with a record $18.47 million in value exported from January to November, a 54.74% increase from 2021 and the highest in the last 12 years. The volume of cachaça shipped also increased by 30.38% to 8.6 million liters. The United States, Germany, Portugal, Italy, France, and Paraguay are the main importers of Brazilian cachaça. This growth is attributed to the post-pandemic recovery, the resumption of major events, and promotional activities for cachaça abroad. The Brazilian Cachaça Institute (Ibrac) is targeting to expand the export base and sustain high numbers in the future.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After the drop in foreign sales during the pandemic, the cachaça producing sector was already showing recovery in 2021, but now it has more reason to celebrate. In the accumulated result for this year (January to November), the value exported is a record: US$ 18.47 million. Revenue from exports in 2022 is the highest in the last 12 years and 54.74% higher than that achieved in 2021. The volume shipped in the period was 8.6 million liters, an increase of 30.38%. The numbers were released by the Brazilian Cachaça Institute (Ibrac), based on information from Comex Stat, the federal government's foreign trade data system. According to Ibrac, exports for 2022 are US$ 4 million higher than those for 2019, of US$ 14.60 million, when the covid-19 pandemic had not yet reached worrying levels, which resulted in restrictions on the global movement of food, beverages and other goods. The executive director of Ibrac, Carlos Lima, says that the good performance of exports is a consequence of ...
Source: Agroemdia

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