Port of Paranaguá leads movement of the soybean complex

According to Comex Stat, 37,5% of Brazilian soybean exports left through the Port of Paranaguá in January this year

14.03.2024 | 16:01 (UTC -3)
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Photo: Claudio Neves
Photo: Claudio Neves

The Port of Paranaguá was a national highlight in the movement of cargo from the soybean complex (bran, grains and oil) at the beginning of 2024. According to the Brazilian foreign trade data consultation system (Comex Stat), 37,5% of Brazilian soybean exports left through the Port of Paranaguá in January this year. In second place is the Port of Santos, with 20,9% of the total, and in third place is the Port of Rio Grande, with 10%. Comex Stat is a portal for free access to international trade statistics. 

In January 2024, Portos do Paraná handled 1.822.656 tons of the soybean complex. Of this total, 1.177.616 tons were soybeans, widely used in food production, being the raw material for various products such as soy milk, soy meat and tofu (soy cheese). The grain showed a growth of 202% compared to the same period of the previous year (389.123 tons).

In second place in movement was soybean meal, used in the production of animal feed, which registered 606.321 tons moved, 118% more than in January 2023 (277.716 tons). The third item in the complex is soybean oil, which can be used in food products or in the manufacture of antibiotics, pharmaceutical products, disinfectants, thermal insulation, insecticides, fabrics and paints, among others. This year, 38.719 tons of soybean oil were moved, below the volume moved in 2023 (123.287 tons).

“The logistics strategy was fundamental to meeting the large pent-up demand in the market since 2023. We continue with a good revenue outlook for the first quarter of this year”, emphasized the CEO of Portos do Paraná, Luiz Fernando Garcia.

Record in January – The numbers helped Portos do Paraná start 2024 with another record for export and import movements. In total, 5.064.683 tons were moved in January, a volume 20% higher compared to the same period last year and a record value compared to the public company's history during the month of January (4.207.257 tons).

Currently the main destination for exports through Paraná ports is China: US$758 million in January. According to data from Comex Stat, revenues for the total foreign market reached US$1,82 billion (R$9,01 billion) in the first month of the year, an increase of 29,2% compared to January 2023 (US$ 1,41 billion).

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