Brazilian iron ore exports this month exceed December 2019 total

Data released by the Secretariat of Foreign Trade (SECEX) up to the fourth week of December shows that Brazilian iron ore exports exceeded the total shipped during the entire month of December last year.  So far in 2020, 26.6 million tons have been exported, whereas during the entire month of December 2019, shipments of the commodity across the country totaled 24.99 million tons.

If the daily averages of iron ore exports are compared, the indexes up to the fourth week of December 2020 are 24.4% above those seen in the same month last year.

In relation to agricultural exports, Brazilian shipments of cotton and green coffee up to the fourth week of this month also already exceed the total verified in December 2019, and corn is also on track to surpass December 2020 totals.

Exports of green coffee reached 226,900 tons up until the fourth week of this month, compared to 189,800 tons during the whole month of December 2019. Cotton shipments reached 299,400 tons by the fourth week, versus 277,800 tons in all of last December.

According to SECEX, corn shipments totaled 4.13 million tons, against 4.16 million in the last month of last year. On the daily average, however, they increased by 15.7%.

Sugar exports so far this month also exceeded the December 2019 total already last week.

Source: Reuters

Sharing is caring!