Brazil's pork exports increased by 40.7% in October; the Philippines became the largest market for Brazilian pork exports for the first time

Published 2024년 11월 15일

Tridge summary

In October 2024, Brazil's pork exports saw a significant increase of 40.7% from the previous year, reaching 130,900 tons and nearly tying the country's all-time high record. The export revenue for the month also surged by 56.4% to $313.3 million. From January to October 2024, Brazil's pork exports increased by 10.7% to 1.121 million tons, generating a revenue of $2.482 billion, a 5.2% increase compared to the same period last year. The Philippines emerged as Brazil's largest market for pork exports, importing 206,000 tons, a 103.3% increase, followed by China, Chile, and Japan. Santa Catarina continues to be the leading region for pork exports in Brazil.

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

Original content

According to statistics from the Brazilian Animal Protein Association ABPA, Brazil exported a total of 130,900 tons of pork in October 2024, an increase of 40.7% over the same period last year, almost surpassing the best record in history. The total export revenue was US$313.3 million, an increase of 56.4% over last year. From January to October this year, the total export increased by 10.7% to 1.121 million tons; In terms of revenue, the total amount reached 2.482 billion US dollars from January to October, an increase of 5.2% over the same period last year. For the first time, the Philippines became the largest market for Brazilian pork exports: from January to October, a total of 206,000 tons of Brazilian pork were imported, an increase of 103.3% over the same period last year. Next is China, with a total import of 199,900 tons, a decrease of 40.6%; Chile imported 92,500 tons, an increase of 33.9%; Hong Kong imported 89,400 tons, a decrease of 11.8%; Japan imported 75,800 tons, ...

Source: Foodmate