Brazilian rice exports jumped by 85% during 2022 compared to 2021

Published 2023년 1월 18일

Tridge summary

Brazil is becoming more self-sufficient in the production of wheat and rice, with a significant increase in rice exports in 2022. Exports reached 2.11 million tons, an 85% increase from 2021, generating US$ 89.6 million in revenue. This increase is attributed to the return to normalcy in global trade following the pandemic, as well as marketing efforts by rice producers. Processed rice exports also saw a 34% increase in volume and a 14% increase in revenue. The top ten importers of Brazilian processed rice included Senegal, Cuba, and the United States.

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

Original content

As Brazil continues to expand its agriculture frontiers and farming techniques, two cereals of which the country has been historically an importer are becoming increasingly self-sufficient. This is particularly true for wheat and rice, with most crops in the southern states of the country. In effect Brazilian exports of rice in 2022 totaled 2.11 million tons, with an 85% increase over the volume exported in 2021, according to the Brazilian Association of the Rice Industry (Abiarroz), which released a market update with data from the Ministry of Development, Industry, Commerce, and Services (MDIC). In December 2022, shipments of rice reached 291,500 tons, with revenues equivalent to US$ 89.6 million. In December 2021, exports reached 161.700 tons and revenue was US$ 42.7 million. According to the industry association, the increase in sales abroad was caused by the return to normalcy in global trade after overcoming the obstacles caused by the covid-19 pandemic, as well as ...

Source: MercoPress