Soybean exports via COREX up 232%

According to Portos do Paraná, the volume of soybeans exported through COREX (Port of Paranaguá’s eastern export corridor) increased by almost 232% in the last two months. In February, 494,899 tons were shipped, and in March, shipments reached 1,641,938 tons. In January, only 30,000 tons of soy were exported.

“Shipments are increasing. We expect that the volume of soybeans exported this year will be as large as it was last year”, says the CEO of Portos do Paraná, Luiz Fernando Garcia. “Although we are getting off to a late start, we are sure that operator efficiency and the constant investments in the public flow structure will pay off throughout the year.”

This year, due to the delay in the soybean harvest caused by climatic issues, the soybeans began arriving at the ports later than usual. In the first quarter, 2,166,837 tons of bulk were exported by the complex, made up of state-owned silos and nine private terminals.

3,652,860 tons of products have already been exported from January to March when adding the other products sold through the eastern corridor (soybean meal, wheat, and corn). Between March 2020 and February 2021, this amount increased by approximately 138%.

COREX exported 880,485 tons of soybean meal in the first quarter, 591,538 tons of corn (almost double the amount exported last year in the same period), and 14,000 tons of wheat.

In comparison, COREX exported 4,721,471 tons of products in the first quarter of 2020, including 3,348,522 tons of soybeans; 1,075,147 tons of soybean meal; and 297,802 tons of corn. Last year, no wheat was exported by the complex in the first quarter.

Western Corridor

373,379 tons of soybeans and bran were exported via Berth 201 in Port of Paranaguá’s western export corridor during the first quarter of 2021.

This year, with a new terminal connected to the western complex,  221,532 tons of soybeans (grains and bran) were exported, 68.5% more than that registered in the same period in 2020.

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