BRAZIL AGRIBUSINESS OPERATIONS RISE TO RECORD THROUGHPUT IN SANTOS

Cargo throughput at the Port of Santos in the first five months of the year was in line with the good performance of Brazilian agribusiness, thus reaching a new record high: 66.5 million tonnes, up 5.5% year-on-year. Exports grew 5.7%, totaling 48.3 million tonnes, and imports advanced 4.9%, reaching 18.3 million tonnes. The performance was driven upwards by corn shipments, with a growth of 134% to 1.5 million tonnes, followed by shipments of products from the soy complex (beans and bran) with 21.8 million tonnes, up 10% year on year. Pulp once again stood out and recorded a growth of 63.6%, totaling 3.3 million tonnes. “The effectiveness of shipments of agribusiness cargo reflects Santos’ recent investments, particularly specialized terminals able to handle larger volumes more efficiently and productively. Furthermore, the port is planning to extend and modernize the structures used for fertilizer and container operations by auctioning off new dedicated terminals [STS 53 and STS 10],” said Fernando Biral, CEO of the Santos Port Authority. As for imports, fertilizer landings grew by 24.2%, totaling 3.4 million tonnes.

Source: Datamar News