Sugar Export
The world's largest exporter of the commodity, Brazil may reach a record number of 32.02 million tonnes exported in 2020/21, reaching an increase of 66% compared to 2019, according to information from the USDA, United States Department of Agriculture in Brazil.
Some contributing factors to this record are due to the stable demand of the countries that most import the commodity, the great national production of sugar, in addition to a favorable exchange rate for shipments and lower offers in competing countries.
According to Jacyr Costa Filho, member of the executive committee of the Tereos Group and president of the Superior Council for Agribusiness of the Federation of Industries of the State of São Paulo (Fiesp), the Arab countries are one of the main responsible for the increase in Brazilian sugar exports. “The Arab countries are a very important destination for sugar. They are the third largest destination for agribusiness exports and are gaining relevance for Brazilian companies as they are also partners in investments ”, he says.
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Main Types of Sugar for Export
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For more information on sugar export or for asking for Buying Sourcing Services, Buyers Agent Services or for electing a Representative Buyer of foreign Trading Companies for Brazil.