Pork shipments to China leveraged exports from Brazil

At the opening of that year, shipments to China represented only 18% of the total volume exported by Brazil, a rate that gradually evolved until reaching 42% at the end of the year. In 2020, the year in which the world was negatively impacted by the Covid-19 pandemic, Brazil started the year by shipping 45% of its volume to China, an amount that increased over the course of the year to reach 55%. This high participation rate continued during the first half of 2021, but began to lose strength and reached only 41% during the second half. This average index of 41% prevailed throughout 2022, where volumes reached a minimum share of 31% and a maximum share of 53%. The first two months of 2023, in turn, ...