Strict checks on Paraguay´s wheat exports cause them to fall 42.2% in July

A report released by the Paraguayan Chamber of Exporters and Traders of Cereals and Oilseeds (Capeco) reported that Paraguayan wheat exports fell by 42.2% in July, with 267,949 tonnes exported, compared to 464,005 tonnes shipped in the previous month. This represents a drop of about 196,056 tonnes month-on-month.

According to Capeco’s foreign trade advisor, Sonia Tomassone, wheat and corn exports are being affected by problems at the border due to strict controls that considerably delay goods from being released for export to Brazil.  Despite this, Brazil is the main destination for national wheat, with a 99% share, followed by Bolivia and Vietnam, which together have a 1% share of Paraguayan cereal exports.

The ranking of the largest Paraguayan wheat exporters is led by the companies TransAgro and Agrofértil, which each hold a 12% stake, followed by Nativa (11%), Coopasam (8%), Unexpa (5%), Cooperativa Pindó ( 5%), ADM (5%), Asepsa (5%), Inversiones Agrícola (2%) and other operators (26%).

Source: Port Portal

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