Cod imports reach highest level since 2019 By Poder360

Cod imports reach highest level since 2019 By Poder360
Cod imports reach highest level since 2019 By Poder360
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The import of cod in Brazil added US$113 million in 2023, according to public data from Comex Stat, from the MDIC (Ministry of Development, Industry, Commerce and Services). This value represents an increase of 19.7% compared to the previous year. It was also the highest number in 4 years.

Like other products, the fish that make up Brazilians’ tables on Easter Sunday saw a drop in imports during the Covid-19 pandemic.

Official data show that Brazil has not returned to the level of imports seen in the pre-health crisis period. In 2019, it totaled US$125.8 million.

Panama is the country that exported the most cod to Brazil in 2023. It was US$25.9 million. 2nd place is Argentina, with US$21.1 million.

PRICES

Data from IBGE (Brazilian Institute of Geography and Statistics) show that cod inflation was 2.89% in 2023, below last year’s IPCA (Broad National Consumer Price Index). In January and February, the rate was 2.93%.

Methodology

O Power360 considered the “subheadings” in the Comex Stat panel that mention “cod”. The codes are: 030250, 030251, 030252, 030360, 030363, 030551, 030562 and 030471.

Read more at Poder360


The article is in Portuguese

Tags: Cod imports reach highest level Poder360

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