Brazilian pork exports show new decline in November

Published 2022년 12월 8일

Tridge summary

Pork exports in Brazil saw a decline in October, with a total of 91.6 thousand tons, marking a 5.5% decrease from the previous month and a 2.9% decrease in revenue compared to the same period last year. Despite the overall reduction in exports over the first 11 months of the year compared to the previous year, there was an increase in revenue in November. The 12-month accumulated volume of pork exports from December 2021 to November 2022 also saw a decrease of 2.1% in volume and 5% in revenue.

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

Original content

Data collected through the foreign trade statistics system - Comex Stat of the Ministry of Economy indicated a new setback in pork shipments in the penultimate month of the year. Total exports reached 91.6 thousand tons, representing a reduction of 5.5% over last October, but an increase of 18.2% over the volume shipped in November of last year. Earned revenue, in turn, reached 228 million, meaning a 2.9% decrease compared to last October, but an increase of 35.6% over the same period of 2021. In the first 11 months of the year, shipments reached 996.2 thousand tons, equivalent to a reduction of 2.8% over the same period of 2021, while revenue reached almost US$2.288 billion, reflecting a drop of 5.4% in same basis of comparison. The accumulated ...

Source: Agrolink