Lower export of Paraguayan corn until November

Published 2023년 12월 28일

Tridge summary

Despite a decrease in corn exports compared to the previous year, Paraguay still exported 3.2 million tons of corn from January to November. The lower international price of corn had a negative impact on foreign exchange income, dropping from US$ 918 million in 2022 to US$ 656 million in 2023. Brazil remained the main destination for Paraguay's corn exports, receiving 44% of shipments, followed by Chile, Uruguay, South Korea, Peru, and others.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From January to November, Paraguay exported 3.2 million tons of corn, that is, 596,000 tons less than the same period of the previous harvest, which registered a production record, according to the Foreign Trade report of the Paraguayan Chamber of Exporters and Marketers of Cereals and Oilseeds (Capeco). Capeco's Foreign Trade advisor, Sonia Tomassone, explained that the lower international price of cereal had a negative impact on foreign exchange income in these eleven months of the year (US$ 656 million in 2023 vs US$ 918 million in 2022). Regarding 2023 harvest corn, whose export period is calculated from May 2023, shipments reached a volume of 2.4 million tons as of November. Destinations. Brazil continues to be the main destination with 44% of shipments, followed by Chile (20%), Uruguay (12%), South Korea 10%), Peru (6%), Japan, Vietnam, Mauritius, Senegal, Cape Green and Colombia. Ranking. Until November, 83 companies were ...
Source: Elagro

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