# Panama Canal targets Brazil-China dry cargo trades

> The Panama Canal is targeting dry bulk cargo trades between Brazil and China as grain exporters increase shipment volumes. Dry bulk vessels made up 22.2 percent of the canal's traffic in the last fiscal year. The waterway is seeking to capture a larger share of this trade.

- Date: 2018-12-11 · published 2018-12-11T12:00:00.000Z
- Category: logistics · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/61483-panama-canal-targets-brazil-china-dry-cargo-trades
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Greater use of the canal for Brazil-China grain flows could reduce transit times and freight costs on those routes, modestly affecting soybean export logistics.

## Sources

- tradewindsnews.com: https://www.tradewindsnews.com/dry-cargo/panama-canal-targets-brazil-china-dry-cargo-trades/2-1-497325

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.