BRAZILIAN PULP EXPORTS REACH RECORD HIGH, FUELING MARITIME TRADE GROWTH

Maritime exports reached a record high in the first quarter of this year, totaling 164.1 million tonnes, a 7.8% increase compared to the same period last year. This amount corresponds to BRL 67.2 billion (USD 12.6 billion), a 4.7% increase year-on-year. China, the United States, Malaysia, the Netherlands, and Japan led the ranking of export destinations, respectively. This increase in exports was driven up by the performance of the pulp sector, which made Brazil the largest exporter of the commodity in 2022. In the first quarter of this year, the largest country in South America set a record for the highest amount exported in history, compared to the same period in previous years. Five million tonnes were exported, representing a jump of 17.5% compared to the previous period. This corresponds to USD 2.3 billion, a significant increase of 33.6%.

Sources: Monitor Mercantil/Datamar News