Rice exports of Brazil gained momentum in September

Published 2021년 10월 20일

Tridge summary

In September, Brazilian rice exports saw an increase, totaling 130,246 tonnes despite the rising costs of sea freight. The main destinations for these exports were Cuba, Venezuela, Senegal, Sierra Leone, and China. This growth is due to increased global demand and promotional activities for the Brazilian Rice Project. However, the surge in sea freight costs has negatively affected exports, especially to markets with higher added value, such as Peru and the US.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazilian rice exports (husk basis) gained momentum in September, despite the difficulties caused by the increase in the price of sea freight. Last month, shipments totaled 130,246 tonnes, against imports of 79,154 t, which guaranteed a balance of 51,092 t, according to the Brazilian Rice Industry Association (Abiarroz), based on figures from the Ministry of Foreign Trade (Secex) of the Economy. Foreign sales of the cereal in September surpassed by 52,081 tons those of the same month in 2020, when they totaled 78,165 t. The main export destinations in September were Cuba (44,779 t), Venezuela (32,272 t), Senegal (29,558 t), Sierra Leone (11,764 t) and China (3,277 t). According to the Exports manager at Abiarroz, Carolina Telles Matos, the increase in world demand for the cereal and the intensification of promotional activities for the Brazilian Rice Project – developed by the association in partnership with Apex-Brasil – contributed to the good performance of foreign sales of the ...
Source: Agroemdia

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