Brazilian pork exports continue to rise

Published 2023년 8월 16일

Tridge summary

Brazilian pork exports in July showed a slight decrease compared to June but were still higher than the same period last year. The decline in volume was due to reductions in imports from major buyers like the Philippines, Hong Kong, and Chile, but there were increases in shipments to Vietnam and China. The Brazilian Association of Animal Protein is optimistic about the potential for increased exports to Singapore following an agreement to send processed pork to the country.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In July, the pace of Brazilian pork exports (considering fresh and processed products) was below that of June, but registered a strong increase compared to July 2022, also being the fifth consecutive month of export volume above 100 thousand tons. According to data from the Foreign Trade Secretariat (Secex) analyzed by Cepea, Brazil exported 104.2 thousand tons of pork last month, 2.6% less than the amount shipped in June, but still 9.8% higher to that sent to the international market in the same period last year. In financial terms, the amount collected in July was R$ 1.19 billion, 6.2% less than in June, however, 0.5% higher than in July/22. In dollars, there was a drop of 5.4% in the monthly comparison, but a significant increase of 12.4% in the annual comparison, to US$ 248 million in the last month. The lowest volume exported in July reflected reductions in imports from the main buyers of the national protein, such as the Philippines (-11%), Hong Kong (-20%) and Chile ...

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