Paraguayan corn markets are diversifying, but Brazil remains the main one

Published 2024년 5월 17일

Tridge summary

A report by Capeco has highlighted that Brazil is the leading destination for Paraguay's maize shipments, accounting for 40% of the total exports. Other significant markets include Chile, South Korea, Uruguay, and 15% of other countries such as Peru, Vietnam, Japan, Mauritius, Cameroon, Saudi Arabia, Senegal, Cape Verde, and Colombia. From May 2023 to April 2024, Paraguay exported 3,577,916 tons of maize, with Brazil, Chile, South Korea, and Uruguay receiving 40%, 23%, 12%, and 10% of the exports respectively. The report indicates a trend towards increasing shipping to exotic markets and a diversification of export destinations.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Capeco report explains that with 40 % of the total shipments Brazil maintains its leadership as the main destination. It is followed by Chile (23 %), South Korea (12 %), Uruguay (10 %) and other markets such as Peru, Vietnam, Japan, Mauritius, Cameroon, Saudi Arabia, Senegal, Cape Verde and Colombia, which encompass 15 % and which reflect the diversification of Paraguayan maize markets. According to the report, from May 2023 to April 2024 Paraguay exported 3 577 916 tons of maize crop 2023. Of this total, 1 428 602 tons were shipped to Brazil, 831 646 tons to Chile; South Korea, 443,718 tons; Uruguay, 357 ...
Source: Productivacm

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