The depreciation of the Brazilian Real has helped the East Coast of South America’s (ECSA) containerised exports to Europe surge, while imports fall.
According to data compiled by Datamar, container traffic from ECSA to Europe increased by nearly 15% in November and December 2015 and nearly 20% in January 2016, after stagnant growth in the rest of 2015.
The value of the Real against the Euro fell sharply in July 2015 and has remained low since with exports of products such as coffee, soybean and tobacco benefitting.
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