Soy, sugar and fertilizers drive record movement at Paraná ports of Brazil
Sugar
Published Mar 26, 2024
Tridge summary
In February 2024, Brazil's Paranaguá and Antonina ports set a new record by handling 5,350,437 tons of cargo, a 5% increase from the previous year. This growth was primarily driven by a significant uptick in soybean and sugar shipments, which saw increases of over double to 1,235,113 tons and 123% to 496,978 tons, respectively. Additionally, fertilizer imports rose by 15%, reinforcing the ports' role as a key entry point for this commodity in Brazil, with a 31.6% share of the national movement. China remains the largest exporter through these ports, which experienced a 19% increase in overall movement to 10.4 million tons in the first two months of 2024. Portos do Paraná, the managing entity, attributes this success to their logistics intelligence strategies and expects continued growth in the future.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The ports of Paranaguá and Antonina, on the coast of Paraná, registered record cargo handling in February 2024, with 5,350,437 tons. The volume represents an increase of 5% compared to the same period last year (5,075,118 tons). The volume of soybeans shipped in February 2024 more than doubled compared to the same month of the previous year, going from 453,595 tons to 1,235,113 tons, an increase of 172%. Sugar exports also showed a significant increase in the month, of 123%, with shipments of 496,978 tons compared to 222,452 tons in February 2023. In terms of imports, fertilizers had the highest volume moved: from 803,594 tons, in 2023, to 924,712 this year, representing an increase of 15%. Currently, Portos do Paraná, a public company responsible for managing the state's port terminals, is the main entry point for the commodity in the country, representing 31.6% of national movement. Currently the largest exporter from Paraná ports is China. “In the months of January and ...
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