After a fall, Brazilian beef exports started to grow again and set a record in August

Published 2021년 9월 4일

Tridge summary

Brazilian beef exports experienced a growth of 11% in volume and 56% in revenue in August, the first time surpassing 200 thousand tons since the beginning of the government's historical series. The sector is expected to see a 2% growth in 2022, driven by a decrease in international supply due to policies in Argentina and natural disasters in Australia. China and Hong Kong continue to be the main importers of Brazilian beef, accounting for 59% of the revenue and volume exported, while the United States maintains the second position, with a 92.7% growth in imports this year.

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Original content

Falling for three consecutive months, Brazilian beef exports regained momentum in August, with growth of 11% in volume and 56% in revenue, according to a survey released this Saturday (9/04) by the Brazilian Association of Slaughterhouses based on information of the Ministry of Economy. In Abrafrigo's assessment, Basil has benefited from the decrease in the supply of beef in the international market (Photo: REUTERS/Paulo Whitaker) In all, the sector recorded the shipment of 211.85 thousand tons of fresh and processed beef last month, surpassing the 200 thousand tons mark for the first time since the beginning of the historical series maintained by the government. know more Brazilian beef exports are expected to grow 2% in 2022, says USDA attaché According to the entity's assessment, "the country benefited from the decrease in supply on the international market caused by the reduction in Argentine exports, due to the policy to combat local inflation, and in Australia, where the ...

Source: Agroinforme