Brazilian rice exports have sharp climb of 85% last year

Brazilian exports of rice totaled 2.11 million tonnes last year, an 85% increase over the volume exported in 2021, according to the Brazilian Association of the Rice Industry (Abiarroz), which released a market update with data from the Ministry of Development, Industry, Commerce, and Services (MDIC).

In December 2022, shipments reached 291,500 tonnes, which generated revenues of US$ 89.6 million. In December 2021, exports reached 161.7 thousand tons, and revenue was US$ 42.7 million.

See below Brazil’s exports of rice (hs 1006) from Jan 2019 and Nov 2022. The data is from DataLiner.

Brazilian Rice exports | Jan 2019 – Nov 2022 | WTMT

Source: DataLiner (click here to request a demo)

According to the industry association, the increase in sales abroad was caused by the return to normalcy in global trade after overcoming the obstacles caused by the covid-19 pandemic, as well as promotional actions promoted by rice producers in strategic markets through the Brazilian Rice project, which was developed in collaboration with ApexBrasil.

Processed rice exports, a product with more added value, also grew in 2022. The volume increased 34% compared to the previous year, to 588.2 thousand tonnes, and the revenue from shipments rose 14% to US$ 190.6 millions.

Last year, the ten leading importers of Brazilian processed rice were Senegal, Cuba, Peru, Gambia, Venezuela, the United States, Netherlands, Spain, Portugal, and Algeria. In addition, nine new markets received Brazilian processed rice for the first time: Honduras, El Salvador, Libya, Kenya, Lithuania, Guadeloupe, Oman, Benin, and Gabon.

Source: Valor Econômico 

To read the original reporting, please visit: https://valor.globo.com/agronegocios/noticia/2023/01/13/exportacoes-brasileiras-de-arroz-cresceram-85percent-no-ano-passado.ghtml

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