From the Newsroom
São Paulo – Soya exports from Brazil climbed 12% year-on-year in March, the National Cereal Exporters Association (Anec) reported. Sales amounted to 14.9 million tons, a monthly record.
Year-to-date, however, exports slid by 5%, according to the Anec’s website, to 20.4 million tons in Q1 2021, from 21.6 million tons in Q1 2020. Sales were weaker in January, and marginally so in February.
The top destination for Brazilian soya in Q1 was China, which took in 72% of total exports. Algeria ranked among the ten biggest importers, having taken in 1% of total sales from Brazil, alongside Spain, Thailand, Holland, Turkey, Pakistan, Taiwan, Portugal and Russia.
Translated by Gabriel Pomerancblum