SUGAR EXPORTS GREW BY 57% IN THE ANNUAL COMPARISON

Brazil exported 2.12 million tons of sugar and molasses in January, a 57% increase over the 1.35 million tons sold in the same month in 2022. However, the volume fell short of the 2.22 million tons recorded in December 2022. With USD 912.09 million in revenue last month compared to USD 519.79 million in January 2022, the revenue grew 75.4% in the annual comparison. The outcome fell short of December’s revenue, USD 949.62 million. Data from the Ministry of Development, Industry, Commerce and Services’ (MDIC) Foreign Trade Secretariat (Secex) take into account 22 working days and were made public on Wednesday, January 1.

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