Brazil: Pork exports grow 19.6% in volume in 2023

Published 2023년 2월 9일

Tridge summary

Brazil's pork exports in January 2023 saw a significant increase of 19.6% from the previous year, reaching 89.2 thousand tons and generating revenue of US$ 212.4 million, a 32.1% increase from January 2022. China continues to be the largest market, with a 32.5% increase in imports compared to the same period last year. There has also been a notable growth in exports to Hong Kong, Chile, and Singapore. The export growth to China and Hong Kong signifies the continued strong demand for Brazilian pork products in the world's largest pork consumer market, while the increase in exports to Chile is expected to further grow due to Chile recognizing Rio Grande do Sul as a foot-and-mouth free area without vaccination.

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

Original content

Brazilian exports of pork meat (in natura and processed) totaled 89.2 thousand tons in January this year, informs the Brazilian Association of Animal Protein (ABPA). The balance exceeds by 19.6% the total shipped in the first month of 2022, with 74.6 thousand tons. In revenue, sector sales reached US$ 212.4 million this year, a performance 32.1% higher than that registered in January last year, with US$ 160.7 million. Among the main destinations for pork exports, China remains in the lead, with 41.6 thousand tons, a volume 32.5% higher than that registered in the same period of 2022, with 31.4 thousand tons. Other highlights were Hong Kong, with 7.1 thousand tons (+5.5%), Chile, with 6.5 thousand tons (+53%) and Singapore, with 4.7 thousand tons (+37.7%). “The increase in shipments to China and Hong Kong attests to the continued demand for Brazilian products in the largest pork consumer market on the planet, maintaining the behavior seen in the second half of 2022, and which ...

Source: Agroemdia