Brazil resumes positioning of pork towards China, Mexico, Chile and Hong Kong

Published Mar 14, 2023

Tridge summary

In the first two months of 2023, Brazil saw a significant increase in pork exports, with a 15% rise to nearly 168,000 tons, generating around 400 million dollars in revenue, a 28.9% increase from the previous year. This growth is primarily due to increased demand from China, the largest importer of Brazilian pork, which has returned to pre-pandemic levels. Other countries like Chile and Hong Kong also contributed to this growth. The Brazilian Association of Animal Protein (ABPA) anticipates a global 10% increase in pork shipments in 2023, largely due to the opening of the Mexican market.

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

Original content

In the ABPA they specified that with almost 168,000 tons of pork exports, the increase in this first two-month period amounted to something close to 15%, the value of this was close to 400 million dollars; China, the main driver. At the end of the first two months of 2023, international sales of pork meat made by Brazil accumulated 167,900 tons, which represented a growth of 14.9% compared to the same period last year. In terms of value, these exchanges resulted in income of 397.3 million dollars, reflecting a year-on-year increase of 28.9%, based on what was reported by the Brazilian Association of Animal Protein (ABPA). Ricardo Santin, president of the organization, attributed this performance to a rebound in demand from China, a trend that he explained began in the second half of 2022, approaching 2021 levels. Between January and February, China positioned itself as the main destination for Brazilian pork, absorbing 73,100 t., that is, 37.8% above what was imported in the first ...

Source: Infopork