Ship freight fell compared to the period of the Covid-19 pandemic

The Covid-19 pandemic compromised the entire global logistics infrastructure, but currently the scenario is different, with adjustments in demand and supply that have resulted in reduced freight prices, especially sea freight.

According to logtech Nowports, compared to the pandemic period, shipping an import container load from Asia to Brazil cost around US$15. Today, the value is around US$5. By air, the cost per kilo reached US$30,00, now it is between US$5,00 and US$7,00.

Nowports is a digital freight forwarder that is present in eight countries, including Brazil. The company works with all modes (sea, air and land). Through the platform, goods are moved efficiently, transparently and safely to facilitate import and export with the help of technology (artificial intelligence, big data and internet of things). The company's customers can count on personalized logistics solutions, which include routes and rates, real-time cargo tracking, access to documents, reports, among other features.

Global transport data and Brazilian trade balance

According to BIMCO (Baltic and International Maritime Council), the largest international maritime association in the world, 90% of world trade is transported by sea, including food, medicine, clothing and products. Furthermore, according to Statista, a company specializing in business data, the global logistics sector is worth US$9,3 billion (trillion).

Most of the products exported and imported by Brazil are transported on ships. According to data from the Foreign Trade Secretariat (Secex) of the Ministry of Economy, the expansion of exports, from January to October 2022, was driven mainly by the growth in sales of corn, coffee, soybeans, raw minerals, coal, oils crude oil, beef, among others. On the other hand, the most imported products during the period were: fish, wheat, rye, barley, coal, natural gas, petroleum fuel oils, fertilizers, etc.

Also according to Secex, from January to October 2022, the Brazilian trade balance recorded a surplus of US$51,64 billion. Compared to the same period last year, exports grew 19,1% and totaled US$ 280,98 billion and imports grew 29,3% and totaled US$ 229,34 billion.