Brasilia, April 11, 2020: The Office of the United States Trade Representative (USTR) announced on April 9 that the United States significantly increased Brazilian exports of raw cane sugar in 2020. With immediate effect , more than 64,000 additional tons are ready to enter the U.S. market at a reduced tax rate by September 30, 2020. This increase will have a value of approximately US $ 34 million, representing a 34% increase over exports currently at 152,000 tons – the highest allocation since 2012 and 50% higher than the next largest country allocation.
Ambassador Todd Chapman stated: “I am happy that we are able to advance our agricultural partnership, offering more opportunities for sugar cane producers in the states of the Northeast and Brazil”.
The new total of more than 230,000 tons of Brazilian sugar exports, with an estimated value of almost US $ 100 million, will be a great benefit for the 65,000 producers in Brazil, especially the 25,000 producers of sugarcane in Northeast Brazil. The Brazilian sugar industry supports about 1 million direct jobs, of which 330 thousand are from the Northeast.
For more information on the Press Release, please contact the U.S. Embassy in Brasilia Press Office by email BrasiliaEMBEUA@state.gov or telephone (61) 3312-7367 / 7364. Follow us on Twitter and Flickr.
