Economy

DataLiner: June data confirms record container imports in Brazil

Aug, 01, 2024 Posted by Gabriel Malheiros

Week 202431

Data recently released by Datamar’s Business Intelligence team on Brazilian container movement indicate that both imports and exports have had a very positive year.

In the first half of the year, Brazil exported 1,523,777 TEU, a volume 18.5% higher than in the same period last year. Considering only the month of June, the volume is 11.3% higher than in June 2023.

Here is a historical comparison of Brazilian container exports for the first half of 2024 and the same months in the previous three years, based on data from DataLiner, Datamar’s market intelligence platform:

Brazilian Container Exports | Jan-Jun 2021 to Jan-Jun 2024 | TEU

Source: DataLiner (click here to request a demo)

China remains the main destination for Brazilian exports. In the first six months of the year, exports to China were 27.9% higher than in the same period of 2023, followed by the United States, where shipments grew by 9.8%.

Meat was Brazil’s most exported product category via containers in the first half of 2024, with a volume 9.1% higher than in the same period last year. Cotton exports saw a remarkable increase of 260.7% in the comparative period.

Imports

Brazilian imports via containers reached record levels: 1,529,646 TEU, 19.2% higher than in the first half of 2023. In June, Brazil imported 267,639 TEU, 26.7% above the June 2023 volumes, marking the highest monthly volume in the last ten years.

Below is a comparison of Brazilian imports via containers for the first half of the year over the last four years, according to DataLiner:

Brazilian Container Imports | Jan-Jun 2021 to Jan-Jun 2024 | TEU

Source: DataLiner (click here to request a demo)

China is also the main origin of products imported by Brazil in 2024, with a volume 35.1% higher in the first half of 2024 compared to the same period in 2023. The United States is next on the podium, with a volume 23.6% higher than a year ago.

The main product imported by Brazil between January and June 2024 was plastic, with a volume 32.8% higher than in the same period in 2023. Glass imports saw a significant increase, with volumes 334.6% higher than in the first half of 2023.

Plate Insights

Argentina recorded a 7.3% growth in container exports between January and June compared to the same period in 2023. In contrast, Argentine imports saw a sharp drop of 22.5% compared to the first half of 2023.

Uruguay shipped 10.2% more via containers in the first half of 2024 compared to the same period in 2023. Imports, in turn, saw a slight increase of 0.6% in the first half of 2024 in the annual comparison.

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