Brazil breaks animal protein export record in first half of 2024

Published 2024년 7월 8일

Tridge summary

Brazil has set a new record for beef exports in the first half of this year, shipping 1.29 million tons of animal protein, a 27% increase from the same period in 2023, generating 17% more revenue at US$ 5,69 billion. The top importers were China, United Arab Emirates, United States, and Hong Kong. Fresh beef exports, representing 87.7% of the total volume, were mainly boneless. Brazil is leading in global beef exports, with plans to expand into markets like Japan, South Korea, Vietnam, and Turkey through public-private partnerships.

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

Original content

Brazil establishes new beef export record in the first half of this year, having shipped 1,29 million tons of animal protein, which represents a 27% over the same period in 2023, with 1.019 million tons. Revenues was up 17%, to US$ 5,69 billion. The previous record is from 2022 when beef exports totaled US$ 6,19 billion , according to the Ministry of Development, Industry, Commerce and Services (MDIC), compiled and checked by the Brazilian Association of Meat Exporting Industries (Abiec). In June 2024 alone, beef exports reached 220,184 tons, generating US$ 953 million. According to Abiec, and reported by Beef Point this result was slightly lower than the record shipments documented in the previous two months. The top importers of Brazilian beef were: China – Imported 565,654 tons worth US$2.5 billion, reflecting a 10.2% growth in volume. United Arab Emirates – Imported nearly 95,000 tons, an increase of 238% compared to the first half of 2023, amounting to US$435 million. United ...

Source: MercoPress