Brazil: Beef exports in April grow 56.3% in revenue and 22.3% in volume compared to April/21

Published 2022년 5월 13일

Tridge summary

Brazil's beef exports experienced a significant increase in April 2022, with revenue surging by 56.3% year-over-year to $1.1 billion and volume increasing by 22.3% to 186,674 tons. The first four months of 2022 saw a 30% rise in beef exports, reaching 732,425 tons, and generating revenue of $4.007 billion, a 59% increase compared to the same period in 2021. The main markets for these exports include China, the United States, Egypt, Hong Kong, and Israel, which have all increased their purchases of Brazilian beef, with the exception of Hong Kong, which has decreased its imports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

by Sandy Oliveira São Paulo, 05/13/2022 - Revenue from Brazilian exports of fresh and processed beef rose 56.3% in April compared to the same month in 2021, to US$ 1.1 billion. The volume was about 22.3% higher compared to the same month last year, totaling 186,674 tons, informed the Brazilian Association of Refrigerators (Abrafrigo) based on data from the Foreign Trade Secretariat (Secex) of the Ministry of Economy. According to Abrafrigo, 101 countries increased their purchases of the Brazilian product, while another 41 decreased their volume. The entity highlights that the sale of beef abroad in the accumulated four months of the year reached 732,425 tons, up 30% compared to the same period in 2021. In terms of revenue, the amount increased from US$ 2.52 billion in 2021. to US$ 4.007 billion in the first four months of the year, an increase of 59%, which reflects, in part, the increase in the international prices of the product. China, the country's main customer, bought ...

Source: Broadcast