Brazilian exports of rice (husk base) totaled 135.3 thousand tons in February, up 65% from the same month last year, when foreign sales totaled 81.9 thousand tons, according to Abiarroz (Brazilian Rice Association), based on data from the Ministry of Economy. Venezuela ranked first among buyers of Brazilian rice after purchasing 53,100 tons. The revenue generated by shipments last month went just over US$ 40 million, up from US$ 22.7 million in the same month of 2021. Cuba, Peru, the United States and Cabo Verde also stood out as product buyers. Brazilian rice imports in February totaled 70,200 ton, corresponding to US$ 17.2 million. In the same month of 2021, Brazil imported 82.1 thousand tons (US$ 26.2 million). “The sector’s trade balance shows a surplus of nearly US$ 60 million, compared to a deficit of US$ 40 million in 2021”, says Abiarroz’s Export manager, Carolina Matos.
Source: Canal Rural (*Translated by Ia Niani)