Rice exports grows 1,108% in June and breaks record

Published 2020년 7월 6일

Tridge summary

In June 2020, Brazil's rice exports reached a record high of 316,175 tonnes, a significant increase of 1,108% compared to the same period last year, as per data from the Secretariat of Commerce Exterior (Secex) and consultancy Cogo. This figure marks the highest monthly rice export volume ever for Brazil, surpassing December 2018. The exports consisted of paddy rice (30.2%), processed products (42%), and broken rice (27.8%). Notable recipients of these exports included Montenegro, Venezuela, and Costa Rica. The surge in exports is attributed to both the high exchange rate and an increase in international prices.

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

Original content

Brazilian rice exports hit a record in June, totaling 316,175 tonnes (husk base), an increase of 1,108% over the same period last year, according to consultancy Cogo - Inteligência em Agronegócio, based on data from the Secretariat of Commerce Exterior (Secex). “This is also the largest monthly volume ever exported by the country, surpassing December 2018, when 287,104 tons were shipped”, he informs. In June, shipments of paddy rice accounted for 30.2% of the total. Exports of processed products accounted for 42% of foreign sales and those of broken rice, 27.8%. Last month's highlights were exports of paddy rice, with shipments of 30,000 tonnes to Montenegro; 25,500 tons for Venezuela; and ...

Source: CanalRural