According to the January edition of the Logistical Bulletin from Conab, Brazil imported a record 44.3 MMT of fertilizers during 2024, which represented an 8.3% increase compared to 40.9 MMT in 2023. Most of Brazil’s fertilizer imports enter the country through the southeastern ports of Paranagua and Santos, but the “Northern Arc” of ports are gaining market share. The Port of Paranagua imported 11 MMT of fertilizers in 2024 compared to 10.3 MMT in 2023.The Port of Santos imported 8.88 MMT last year compared to 8.56 MMT in 2023 and the “Northern Arc” of ports imported 7.52 MMT compared to 5.97 MMT in 2023.
Cordonnier notes it makes sense to import more fertilizers through the northern ports because they are closer to the area of expanding grain production in central Brazil.
