Brazil´s tobacco export volumes fell 24% in first half of 2020

The coronavirus pandemic has negatively affected Brazilian tobacco exports. In the first half of 2020, the drop in export volume was 24% and in revenue terms, the fall was greater at 35%.

During this period, Brazil exported around 186,000 tonnes of tobacco. Last year, 548,000 tonnes were sold in the year, generating revenues of US$2.138 billion. However, industry representatives explain that the 2019 volume is unlikely to be reached. This is because there were losses due to climatic factors, especially in Rio Grande do Sul and Santa Catarina and, last year, numbers were boosted as part of the 2018 contracts were fulfilled.

For 25 years, Brazil has led tobacco exports. About 62% of the total produced in the country, in the period from 2010 to 2019, was exported. The vice-president of the Federation of Agriculture and Livestock of the State of Santa Catarina (FAESC) Barbieri, highlights that the news for tobacco growers is not good. “Sales in the second half may recover losses in the first half because the largest volumes of business are traditionally closed between July and August. However, the advance of the pandemic should keep consumption low ”, he says.

Source: Agrolink

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