Foreign sales broke records in 2020, reaching 30.8 million tons. Exports kept the upward trend in 2021, reaching 12.79 million tons for the year-to-date, up 15.2% from the same period last year. The volume surpassed the mark of 2017 and is the largest in the historical series, which started in 2010. Data from the Foreign Trade Secretariat (Secex) showed Brazil sold 11,1 million tons of the gross product (+15.5%) and 1.69 million of the refined product (+13.4%). In the first half of 2021, the average price of sugar was US$ 323.43 per ton, up 13.4% from the same period of 2020 (US$ 285.10/t). As a result, the total revenue generated was R$4.14 billion, an annual growth of 30.7%. Among the main destinations for Brazilian sugar in the period are: China (1.49mt), Algeria (1.26mt) and Bangladesh (1.01mt).
Source: Nova Cana (*Translated by Ia Niani)