SOY COMPLEX EXPORTS VIA THE PORT OF PARANAGUÁ GREW 25% IN Q1

Soy complex exports via the Port of Paranaguá are on the rise. In the first three months of this year, 4,974,237 tonnes of soybeans, soy oil, and bran were shipped via the Paraná-state port. This volume is almost 25% higher than the 3,987,702 tonnes shipped in Q1 2021. The most significant increase occurred with soybean oil exports, which grew 57.3%. Approximately 327,975 tonnes were sent abroad in the first three months of 2022 compared to 208,529 tonnes last year. Notably, while soy complex exports rise at Paranaguá, there are no records of these products being imported during the period. In the first quarter of 2021, Brazil imported almost 45,500 tonnes of soybean oil. The volume of soybean bran exported in the last quarter amounted to 1,342,739 tonnes, 38.4% higher than the 970,140 tonnes registered last year. The increase was 17.6% for soybean exports. From January to March 2022, 3,303,523 tonnes of the oilseed were shipped through Paranaguá. In the same period, in 2021, this number was only 2,809,033 tonnes.

Source: Datamar News