News

Brazil breaks record for mango exports in 2023

Fresh Mango
Brazil
Market & Price Trends
Published Mar 25, 2024

Tridge summary

In 2023, Brazil's mango exports soared to a historic peak, generating nearly US$315 million in revenue and surpassing the previous record set in 2021. This success was driven by a 15% increase in export volumes, reaching around 266,000 tons, predominantly from the São Francisco Valley in the Northeast. Despite a national production decline, Brazil capitalized on crop losses in competitor nations and leveraged its continuous production capabilities. Companies like Agrodan experienced significant revenue and profit growth, with optimistic projections for the first half of 2024. Brazil's competitive edge in the mango sector is attributed to its climatic advantages, water resources, irrigation infrastructure, and the adoption of advanced, sustainable technologies, highlighting the critical role of scientific research and modernization in the industry's success.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

(Agraria.pe) Brazilian mango exports reached a historic milestone in 2023, generating revenues close to US$315 million, thus exceeding the US$249 million obtained in 2021, which was the most profitable year to date. According to data from the Ministry of Development, Industry, Commerce and Services of that country, processed by the Embrapa Mango Market Observatory, an increase of +15% was recorded in export volumes, reaching approximately 266,000 tons. Most of the mangoes exported, around 93%, come from the São Francisco Valley in the Northeast region, especially from the states of Bahia and Pernambuco, which represent 47.36% and 45.42% of exports respectively. . Other states such as São Paulo, Rio Grande do Norte and Ceará also contributed to the total exported. Despite a slight decrease in national production, estimated at 1.2 million tons compared to 1.5 million tons in 2022, Brazil achieved these notable results. João Ricardo Ferreira de Lima, coordinator of the Mango Market ...
Source: Agraria
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