In April, Brazil exported 1.904 million tons of sugars and molasses, 25.67% more than in the same month last year, when a total of 1.515 million tons was shipped. But the April ’21 exports decreased by 3.62% compared to the 1.975 million tons exported a month earlier, in March. Data from SECEX (the Ministry of Finance’s foreign trade secretariat), show that the revenue from the sector’s total exports in April was US $ 615.59 million, 38.52% higher than the US$ 444.40 million obtained in the month of April last year and 3.83% lower than the US $ 640.09 million reported in March 2021. The annual increase in volume and revenue is due to the increased production in Brazil, which prioritized sugar in the recent harvest, due to the drop in production in important countries such as Thailand, and also due to the fact that the Covid-19 pandemic has reduced the demand for ethanol in the country. The decreases in comparison with the previous month, on the other hand, are due to the delay in the 2021/22 harvest in Brazil’s central-southern region. There was less of the sweetener available in April than in March.
Sources: Nova Cana/Datamar News