Brazil pork shipments increase 13.9% in May

Published 2023년 6월 13일

Tridge summary

Brazil's pork exports saw a significant increase in May compared to the same period last year, with a 13.9% rise to 101.7 thousand tons and revenue increasing by 23% to US$ 251.4 million. The accumulated exports from January to May also increased by 15.5% to 481.1 thousand tons, generating 28.2% more revenue at US$ 1.149 billion. China remains the largest importer of Brazilian pork, importing 20.8% more in the first five months of the year, but other countries like Mexico, Hong Kong, the Philippines, Chile, and Singapore also contributed to the growth in exports. This growth indicates successful market diversification for Brazil's pork industry.

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

Original content

Brazilian exports of pork (considering all products, between freshand processed) totaled 101.7 thousand tons in May, according to a market report from the Brazilian Association of Animal Protein (ABPA). The number exceeds by 13.9% the total shipped in the same period last year, with 89.3 thousand tons. Revenue from exports of the sector reached US$ 251.4 million, a balance that exceeds by 23% the total recorded in the same period of 2022, with US$ 204.3 million. In the accumulated of the year (January to May), shipments from the sector reached 481.1 thousand tons, a number 15.5% higher than the result recorded in the same period of 2022, with 416.6 thousand tons. In revenue, the accumulated balance between January and May of this year already totals US$ 1.149 billion, a result 28.2% higher than that effected in the same period of 2022, with US$ 896.3 million. The main importer of Brazilian pork, China imported 176.2 thousand tons between January and May, a number 20.8% higher than ...

Source: UkrAgroConsult