Brazil doubles sales of chicken meat to Iraq

Published 2024년 8월 13일

Tridge summary

In July 2023, Brazilian chicken meat exports to Iraq surged by 118.6% to 15.3 thousand tons compared to the same period last year. While imports by the UAE and Saudi Arabia declined, China, Japan, and South Africa remained top buyers. Overall, Brazil exported 463.3 thousand tons of chicken meat in July, marking a 7.3% increase from July 2022 and generating $889.2 million in revenue. The Brazilian Animal Protein Association (ABPA) credits this growth to the lifting of embargoes and rising international demand, despite an 8.33% year-to-date revenue decline. Meanwhile, the U.S., Brazil's main competitor, is seeing a reduction in export volumes.

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

Original content

Brazilian chicken meat exports to Iraq doubled in July this year compared to the same period last year. According to data for the period released last Friday (09) in a note from the Brazilian Animal Protein Association (ABPA), the Arab country imported 15.3 thousand tons in July, an increase of 118.6% over the same period in 2023. The United Arab Emirates remained the third main destination for Brazilian chicken meat, with a total of 38.7 thousand tons, down 16.6% compared to July last year. Saudi Arabia remained the fifth destination, with imports totaling 26.2 thousand tons, down 19.3% in the same comparison. The top ten buyers of Brazilian chicken meat in the period were: China, Japan, the United Arab Emirates, South Africa, Saudi Arabia, Mexico, the Philippines, the European Union, Iraq and South Korea. According to the ABPA note, a total of 463.3 thousand tons of chicken meat were exported in July, an increase of 7.3% compared to July 2023. Revenue from exports in the period ...

Source: Opresenterural