Brazil's Tobacco Exports Reach New Height in 2022

In 2022, Brazil's export of leaf products (its main sales item) reached a high of 2.2 billion US dollars, the best since 2014, when sales on the international market amounted to 2.3 billion US dollars. The total shipment volume for the entire year of 2022 also set a new historical record at 412,000 tons. When including other tobacco products traded by Brazilian companies, the annual total value reached 2.45 billion US dollars.

The total annual sales for cigars and cigarettes were $156.33 million, with a volume of 3.21 thousand tons. Negotiation amounts for stems and extracts reached $59.25 million, with sales of 13.69 thousand tons. Raw tobacco had a total annual sales of $34.5 million, with a shipment volume of 3,400 tons.

Compared to the results in 2021, the sales revenue of tobacco exports has increased by 72%. In terms of export volume, this proportion has reached 30.7%. Throughout 2021, the total trading volume of tobacco was $1.2 billion with a shipment of 31.54 million tonnes. It is worth noting that the export in 2021 was affected by the pandemic and logistic restrictions.

The European market serves as the primary destination for Brazilian tobacco, with Belgium accounting for 28% of shipments and generating a revenue of $610 million. Belgium is seen as a gateway to the European Union. China ranks second, accounting for 21% of business and $471 million in sales. The United States is the third largest destination for Brazilian tobacco, comprising 6.5% of shipments and generating $143 million in revenue.