CHINA BOUGHT 1.165 MILLION TONS OF CORN FROM BRAZIL IN 2022; IRAN HAS ONCE AGAIN BECOME THE LARGEST BUYER

According to figures from the Ministry of Agriculture, Brazil’s corn exports finished 2022 at a record 43.36 million tons, with China taking 1.165 million tons after opening its market to Brazil at the end of the previous year. Iran, which had narrowly lost the top spot to Egypt in 2021, was once again the biggest purchaser of corn from Brazil last year, virtually tripling imports of the domestic crop to 6.58 million tons. One of the high points of the national agriculture in 2018 was the nearly complete shipment of 1.1 million tons to China in 2022.

Sources: Reuters/Nova Cana (*Translated by Ia Niani)