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Between January and April 2025, Brazilian grain shipments rose 9% y\/y, supported by strong Chinese purchasing, according to Filipe Gouveia, Shipping Analysis Manager at BIMCO.<\/p>\n The ramp-up in exports has been supported by a 9% increase in the soya bean harvest, according to estimates by the United States Department of Agriculture (USDA). Shipments were weakest in January due to a delay in the harvest, but they quickly ramped up in February, driving an increase in ship congestion. Soya beans account for 71% of Brazilian grain shipments while maize accounts for 27%.<\/p>\n China is a key importer of global and Brazilian grain shipments, making up respectively 25% and 53% of total shipments. Due to lower prices, China has gradually increased purchases of Brazilian cargoes over the last 10 years at the expense of US shipments. Since March 2025, US-China grain shipments have reduced further due to a 125 percentage points increase in import tariffs on US grains. Year-to-date, this has contributed to a 54% y\/y reduction in US-China grain shipments while Brazil to China shipments have risen 9%,<\/p>\n \u201cThe pick-up in Brazilian grain exports has been positive for tonne mile demand in the panamax segment which transported 82% of cargoes in 2024. Due to their above average sailing distances, grain shipments from Brazil account for 19% of the segment\u2019s tonne mile demand, despite comprising only 9% of its cargo volume. However, this has not been enough to keep the Baltic Panamax Index from falling 35% y\/y so far in 2025,\u201d said Gouveia.<\/p>\n While total loadings on panamax ships have grown, reductions in total coal and grain shipments have increased competition between segments, pressuring rates.<\/p>\n Looking ahead, the Brazilian maize harvest is expected to strengthen 6% y\/y, according to the USDA, which would support shipments. The country\u2019s second and larger maize crop typically starts being harvested and exported in June, and weather conditions currently appear favorable.<\/p>\n<\/p><\/div>\n<\/div>\n maritime professional<\/p>\n","protected":false},"excerpt":{"rendered":"
May 7, 2025
Between January and April 2025, Brazilian grain shipments rose 9% y\/y. Credit: BIMCO
Between January and April 2025, Brazilian grain shipments rose 9% y\/y, supported by strong Chinese purchasing, according to Filipe Gouveia, Shipping Analysis Manager at BIMCO. The ramp-up in exports has been supported by a 9% …<\/p>\n","protected":false},"author":1,"featured_media":60069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[],"class_list":["post-60068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/60068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=60068"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/60068\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/60069"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=60068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=60068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=60068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n May 7, 2025<\/span>
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\n Between January and April 2025, Brazilian grain shipments rose 9% y\/y. Credit: BIMCO
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