Brazilian pork exports reach record high in 2024

Published Jan 8, 2025

Tridge summary

Brazilian pork exports hit a record high of 1.352 million tons in 2024, marking a 10% increase from the previous year, with foreign exchange revenue surpassing $3 billion for the first time. Despite a slight decrease in December pork shipments, revenue for the month saw an 11.6% increase. The Philippines emerged as the top pork export destination, with significant growth in shipments to China, Chile, Japan, Singapore, Vietnam, Uruguay, and Mexico. Santa Catarina became Brazil's largest pork exporter in 2024, with other states also showing growth. The pork sector is optimistic about continuing growth in 2025, particularly to Asian and American markets.

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

Original content

Brazilian pork exports (considering all products, both fresh and processed) reached 1.352 million tons in 2024, setting a new record for the sector. The number exceeds the total exported in 2023 by 10% (with 1.229 million tons), according to surveys by the Brazilian Animal Protein Association (ABPA). For the first time, foreign exchange revenue from the sector's annual exports exceeded the level of US$ 3 billion. In total, US$ 3.033 billion was obtained from exports in 2024, a balance 7.6% higher than that achieved in the previous year (US$ 2.818 billion). In December 2024, pork shipments totaled 109.5 thousand tons, a figure 1.3% lower than in the same period of the previous year, with 110.9 thousand tons. In terms of revenue, there was a strong increase of 11.6%, with US$ 258.3 million in the last month of 2024, compared to US$ 231.5 million in the same period of the previous year. Among export destinations, the Philippines ended the year in first place, with 254.3 thousand ...

Source: Broadcast