ORANGE JUICE EXPORTS CONTINUE HIGH

Total Brazilian orange juice exports (FCOJ Equivalent to 66º Brix) registered an increase of 17% in the first ten months of the 2019/20 crop compared to the same period of the previous crop. The data are Foreign Trade Secretariat (Secex) compiled by CitrusBR. In all, 914,287 tons were shipped, compared to 781,995 tons registered in the same period of the 2018/19 harvest. In revenue, the increase is 4.5%, with a total of US $ 1.525 billion compared to US $ 1.458 billion in the previous harvest. For the European Union, shipments of orange juice have so far totaled 635,602 tons, 25% more than the volume shipped in the same period of the previous harvest, 508,811 tons. Revenues totaled US $ 1.069 billion, 12% above the US $ 951.6 million in the previous harvest. To the United States, Brazilian exports closed with a 14% drop in the first 10 months of the crop year, with a volume of 147,693 tons before the 171,352 tons in the previous period. In revenue, sales were $ 238.6 million, a 22% drop compared to $ 305 million in April 2019. “Orange juice shipments to Japan also increased between July and April 2020 , in relation to the same period of the previous year. This season, 49,831 tonnes have already been exported to the country, 38% more than in the ten months of the 2018/2019 harvest, with 36,083 tonnes. Revenue grew 27%, with US $ 88.5 million compared to US $ 69.6 million. China recorded a 36% increase in imports of Brazilian orange juice in the period, reaching a volume of 37,132 tons compared to 27,267 tons in the previous harvest. In turn, exports totaled US $ 51.8 million, a decrease of 6% in relation to the same period of the previous harvest, when revenues were US $ 55.4 million.

Source: Universo Agro / DATAGRO