Santos sees increased handling of containers, soy, and fertilizers in October

Container operations, soybeans, and fertilizers were the main goods handled at the Port of Santos in October. At 412,600 TEU, containerized cargo grew 7.5% in the month, raising the YTD to 4.0 million TEU to maintain a double-digit growth (18.3%), records for both the month and the YTD period.

Exports of soybeans reached 218,200 tons, a surprise since shipments normally end in October as they did in 2020. Fertilizer imports remain heated, totaling 724,900 tons in the month, a growth of 12.8%, reaching 6.5 million tons YTD.

The drops in exports of sugar (44.7%) and corn (33.5%) were responsible for the handling decrease in October. The month totaled 10.7 million tons, a reduction of 14% compared to October 2020. Exports decreased by 19.6% and imports decreased by 0.8%.

YTD handling reached 123.6 million tons, an increase of 0.8% over that registered in this period of last year, maintaining itself as the highest handling ever registered for the period. Imports grew 12.9%, totaling 36.4 million tons. Exports, on the other hand, decreased by 3.5%, reaching 87.2 million tons.

Year-to-date, bulk soybean shipments registered a growth of 5.1%, totaling 22.1 million tons, and meat exports also remained high, with a growth of 4.1%, to 1 .4 million tons. Also noteworthy were increasing shipments of citrus juices (13.8%), fuel oil (26.4%), and diesel (32.2%), as well as fertilizer imports (26.6 %).

See the chart below for a history of cargo handling at the Port of Santos. Data are from DataLiner:

Container and non-container cargo handling at the Port of Santos | Jan 2019 to Sept 2021 | TEU and WTMT

Source: DataLiner (click here to request a demo)

A total of 4,023 ships docked at the Port of Santos in the first 10 months of this year.

Trade Chain – The share of the Port of Santos in the Brazilian trade chain remained at 27.0%. About 25.6% of commercial transactions abroad through the Port of Santos in 2021 had China as a partner country. São Paulo maintains its status as the state with the largest participation (56.6%) in commercial transactions with foreign countries, due to the port complex.

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