Brazil: Port of Santos sets annual record in 2023 by moving 173.3 million tons

Published Jan 29, 2024

Tridge summary

The Port of Santos in Brazil reported a record movement of 15.6 million tons in December 2023, marking a 29.1% increase from the same period in 2022. This contributed to an annual record of 173.3 million tons, a 6.7% increase from 2022. The record was driven by a bumper harvest of cereals and sugar cane, and a recovery in container movement. Bulk cargo, especially soybeans and sugar, saw a significant increase, while container movement matched the highest levels seen in the past three years. The port's growth capacity and effective planning were highlighted by the Port Authority president, Anderson Pomini.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In December 2023, the Port of Santos, in Brazil, moved a record number of 15.6 million tons, marking an increase of 29.1% compared to December 2022. This performance contributes to an accumulated annual record of 173 .3 million tons since January, 6.7% more than in 2022, according to the Port Authority of Santos (APS). APS data reveal that the record harvest of cereals and sugar cane, along with the recovery in the movement of containers, were determining factors in the growth. In December, bulk cargo experienced a significant increase, when 2.4 million tons more were moved than in the same month of 2022. The movement of soybeans (+584,000 tons, +428%) and sugar (+998,000 tons, +70 .5%) played a crucial role in this increase. Containers and a good end to the year The mobilization of containers also showed an increase in December, with an increase of 23.7% in tons (4.74 million in total) and 15.5% in TEUs. Although container cargo had decreased throughout the year, the recovery was ...

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