Floods bring throughput in Brazil’s Rio Grande do Sul to a plunge

Port operations in Rio Grande do Sul plunged by 2.39% from January to May 2024 compared to the same period last year. This decline is attributed to the floods that affected activities in Rio Grande, Pelotas, and Porto Alegre units for approximately 30 days.

Despite these challenges, the Port of Rio Grande continued its activities, handling over 15.4 million tonnes, a 2.27% decrease from 2023. Soybeans, the primary product transported through the Rio Grande do Sul port complex, saw growth in May. However, a significant drop in fertilizer imports was the main factor behind the overall decline in throughput.

Even with “zero activities” at the Porto Alegre unit in May and a 15-day halt at the Pelotas unit, Portos RS President Cristiano Klinger notes that the decrease cannot be attributed solely to the floods.

“We are still monitoring and working with industries, operators, and all terminals to assess the impact of the floods on the crops and overall port activities,” Klinger said.

The report, released on Thursday (June 13), also highlights the primary countries engaged in trade with the Rio Grande do Sul port complex. Exports are primarily directed to China, Vietnam, and the Philippines, while imports mainly come from Argentina, China, and Russia.

Source: Veja Negócios

Read the original story at: https://veja.abril.com.br/coluna/radar/a-queda-da-movimentacao-do-complexo-portuario-gaucho-no-mes-da-enchente/

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