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Brazil: Total beef exports close 2021 with 7% drop in volume and 9% increase in revenue - ABRAFRIGO

Fresh Whole Beef
Brazil
Published Jan 12, 2022

Tridge summary

Total beef exports in 2021 (including fresh and processed products) showed a 7% drop in volume and a 9% growth in revenue compared to 2020, according to the Brazilian Association of Meatpackers (ABRAFRIGO), which compiled data from the Ministry of Economy's Foreign Trade Secretariat. According to the entity, the country handled 1,867,594 tons in 2021 compared to 2,016,223 tons in 2020, a record year for exports.

Original content

Thanks to the increase in the price of the product in international markets, however, revenue rose from US$ 8.485 billion in 2020 to US$ 9.236 billion in 2021. ABRAFRIGO also released December figures for total exports. Handling in the last month of the year reached 151,593 tonnes against 168,155 tonnes in 2020, down 10%. The revenue obtained was US$ 726.6 million, against US$ 741.2 million in 2020, a reduction of 2%. Although it reduced its imports from 1,182,673 tonnes in 2020 to 950,057 tonnes in 2021, China remains the largest buyer of Brazilian beef, through the movement carried out by the city state of Hong Kong and purchases made by the mainland. Last year, the United States became the second largest importer of the product, from acquisitions of 59,545 tons in 2020 to 148,177 tons in 2021, with an increase of 148.9% in movement. Chile remained in third position, going from 90,403 tonnes imported in 2020 to 110,626 tonnes in 2021 (+22.4%). Even reducing its purchases by ...
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