Brazilian pork exports remain up 4.1% in 2024

Published Jul 8, 2024

Tridge summary

In the first half of 2024, Brazil's pork exports hit a record high, with a total of 613.7 thousand tons exported, marking a 4.1% increase from the same period in the previous year. Despite this, revenue from these exports fell by 8% compared to 2023, totaling US$ 1.300 billion. The month of June saw a slight decrease in exports and revenue compared to the same month in the previous year.

The decline in exports to China has been compensated by increased sales to the Philippines and Japan, making them the second and third largest importers of Brazilian pork in June. Santa Catarina continues to be the leading pork exporting state in Brazil, followed by Rio Grande do Sul and Paraná. The first half of the year also saw an increase in pork exports to North and South American countries, indicating a shift in Brazil's pork export strategy.

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

Original content

Portuguese Sector records best 1st half of the historical export series São Paulo, July 8, 2024 – Brazilian pork exports (considering all products, including fresh and processed) recorded the best first half of the year in history, with a total of 613.7 thousand tons shipped between January and June, from according to the Brazilian Animal Protein Association (ABPA). This figure exceeds the total shipped in the same period last year by 4.1%, with 589.8 thousand tons. In revenue, pork exports totaled US$ 1.300 billion in the same comparative period (January to June), a number 8% lower compared to 2023, with US$ 1.413 billion. Considering only the month of June, international pork sales totaled 107.1 thousand tons, 1.4% lower than the total exported in the sixth month of 2023, with 108.6 thousand tons. Revenue generated in the period reached US$235.3 million, 11% lower than the total exported in the previous year, with US$264.3 million. “In this first semester we saw a redesign of ...

Source: Abpa