News

Brazil had a balance in revenue from rice exports in 2021

Rice
Brazil
Published Jan 21, 2022

Tridge summary

Last year, rice exports (husk base) corresponded to US$ 363.2 million, against imports of US$ 316.8 million, which resulted in a surplus of US$ 46.4 million. The volume shipped last year totaled 1 million 153.3 thousand tons, against imports of 1 million 004.1 thousand. With that, the balance was 149 thousand tons.

Original content

The amount was well below that recorded in 2020, when Brazil exported 1.813 million t as a result of strong global demand caused by the height of the covid-19 pandemic, and was also lower than the amount exported in 2019. “Rice exports returned, in 2021, to the level of foreign sales in 2019, in value, due to the appreciation of the dollar”, observes Abiarroz Exports manager, Carolina Telles Matos. “However, in terms of quantity, sales were 20% and 36% lower than in 2019 and 2020, respectively.” The retraction in the volume exported in the last year had as one of the main factors the logistical problems. “We had a strong reduction in the supply of maritime transport, which caused a significant increase in ship freight, in addition to the lack of containers”, points out Carolina. In view of this, Brazil began to use, in a pioneering way in the rice market, big bags – plastic packaging capable of supporting a load of up to 2,000 kg – to export rice. With the innovation, Abiarroz ...
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