Brazil's pork shipments grow 2.7% in May

Published Jun 13, 2024

Tridge summary

In May, Brazil's pork exports rose by 2.7% to 104.4 thousand tons compared to the same period last year, as reported by the Brazilian Animal Protein Association (ABPA). Despite the increase in volume, revenue from these exports fell by 10.4% to US$ 225.2 million. From January to May, the total export volume increased by 5.3% to 506.6 thousand tons, while revenue decreased by 7.3% to US$ 1.064 billion. China remains the largest importer, although its imports dropped by 36.7%. Meanwhile, the Philippines, Chile, Singapore, and Japan saw significant increases in their imports. Santa Catarina leads as the top exporting state, followed by Rio Grande do Sul and Paraná.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazil pork exports totalled 104.4 thousand tons in May, according to a recent market report from the Brazilian Animal Protein Association (ABPA). The number exceeds the total shipped in the same period last year by 2.7%, with 101.7 thousand tons. Revenue generated by exports in May totalled US$ 225.2 million, a balance 10.4% lower than the total recorded in the same period last year, with US$ 251.4 million. In the year (January to May), pork exports totalled 506.6 thousand tons, which is 5.3% higher than the total accumulated in the same period of 2023, with 481.1 thousand tons. Revenue generated by shipments in the first five months of the year reached US$ 1,064 billion, a balance 7.3% lower than the total accumulated in the same period last year, with US$ 1,149 billion. “The pace of exports continues to be positive in relation to the record achieved in 2023,” said Ricardo Santin, president of ABPA. “Asia and nations in the Americas continue to be the ‘driver’ of the sector’s ...
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