Savi’s Clipping #4

Check out the main news from last week:

Xi Jinping is confirmed leader for the next 5 years in China

A week after the 20th Chinese Communist Party Conference, Chinese leader Xi Jinping, who has ruled the country for a decade, confirms his position as general secretary of the Chinese Communist Party for the next five years.

Brazilian cachaça exports increase by 53%

Between January and September this year, Brazilian cachaça exports achieved very similar values to the ones obtained during the pre-pandemic period, reaching US$14.47 million. That means 53% more, compared to the same period in 2021.

There was a reduction in the number of cachaça distilleries, however. Due to lack of demand, some of them ended up closing during the pandemic. According to the released information, this represents a 2% drop, excluding the informal market, as it is estimated that about 90% of the producers are not registered with the ministry.

Rice exports has grown more than 30%

Last month, Brazilian rice exports grew 30% for the third consecutive month. From January to September, there was a 253.5% increase in the revenue obtained from shipments and a 263.8% growth of the exported volume.

The state of Rio Grande do Sul is responsible for almost 100% of the shipments of rice with husk. Mexico and Venezuela have consolidated as the main export destinations for our cereal.

Pork shipments reach new record in Brazil

Pork exports achieved a new record during the third quarter of this year by reaching the mark of 310,000 tonnes. Such growth represents 16.5% more than last quarter, as an immediate consequence of the higher average prices.

China consolidates as the main destination for Brazilian pork, accounting for almost 40% of its market share, followed by other Asian countries such as the Philippines, Hong Kong, Singapore and Japan. Chile and Argentina are also important destinations for our pork export.

Keep an eye on our social media and stay on top of the main Brazilian imports and exports updates!