The share of agricultural products in cargo handling in Brazilian ports went from 16% in 2019 to 21% in 2020, despite measures to combat the COVID-19 pandemic. The circulation of agricultural products reached 175 million tons last month. The study was based on data up to the first ten months of 2020. During this period, the total cargo handling in Brazilian ports was 850 million tons. This amount is 3.7% higher than that registered in the same period last year. Brazil has 34 public ports and 147 private-use terminals (TUP), that are responsible for the maritime and fluvial handling of 80% of daily consumed goods. Of all cargo movement, 65.5% are handled at TUP’s, whereas public ports handle 34.5%. According to the Ministry of Economy, in October, Brazilian exports reached US$ 210.7 billion, with agribusiness reaching half of this total. In the agricultural sector, the soy complex has the highest accumulated value of all chains – 39.2% of the total -, followed by meat with 16.4%.
Source: Conab
*Translated by Ia Niani