SECEX: Brazil's sugar exports rise 26% in April to 1.904 million tons, compared to April 2020

Published 2021년 5월 3일

Tridge summary

In April 2021, Brazil's sugar and molasses exports increased by 25.67% compared to the same month in 2020, reaching 1.904 million tons. However, there was a decrease of 3.62% compared to March 2021. The total export revenue for the month was US $ 615.589 million, a 38.52% increase from April 2020. The annual increase in volume and revenue is attributed to higher production in Brazil and reduced production in Thailand and ethanol demand decrease due to COVID-19. The monthly decrease is due to the delay in the 2021/22 harvest in the Center-South of Brazil. From January to April 2021, Brazil exported 7.701 million tons, generating $ 2.455 billion in revenue, marking a 32.21% and 42.57% increase compared to the same period in 2020.

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

Original content

By Augusto Decker São Paulo, 05/03/2021 - In April, Brazil exported 1.904 million tons of sugars and molasses, 25.67% more than in the same month of 2020, when a total of 1.515 million tons was shipped, but decrease 3.62% compared to 1.975 million tons in March 2021. Data from the Foreign Trade Secretariat (Secex), from the Ministry of Economy, released this afternoon, show that the revenue obtained from the sector's total export in April was US $ 615.589 million, 38.52% higher than the US $ 444.396 million obtained in April last year and 3.83% lower than the US $ 640.092 million reported in March 2021. The annual increase in volume and revenue is due to the greater production in Brazil, which destined its mix to sugar in the recently ended harvest, due to the drop in production in important countries such as Thailand and because the pandemic of the covid-19 reduced demand by ethanol in the country. The decreases in comparison with the previous month are due to the fact that the ...

Source: Broadcast