Tridge summary
In August 2024, Brazil achieved a record in beef exports, with a total of 248,061 tons and revenue of US$ 1.072 billion, marking the best results for the month of August. This growth represents a 16.5% increase in volume and a 13.7% increase in revenue compared to the previous year. From January to August 2024, Brazil exported 1.8 million tons of beef, generating revenue of US$ 7.9 billion, a 27.9% increase compared to the previous year. The growth in exports is due to collective efforts by the sector and the Federal Government to open new markets, with China being the largest market. There has also been a significant increase in demand from the European Union, particularly due to the anticipation of new EUDR rules. Other countries like the Philippines, Russia, Saudi Arabia, Algeria, Mexico, and Israel have also shown notable increases in beef purchases.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In August 2024, Brazil reached a significant milestone in beef exports, with shipments totaling 248,061 tons and revenue of US$ 1.072 billion. This performance represents the best historical result for the month of August, with a growth of 16.5% in volume and 13.7% in revenue compared to the same period of the previous year. In the year to date, Brazil has already exported 1.8 million tons of beef, an increase of 27.9% compared to last year, generating revenue of US$ 7.9 billion, which represents a growth of 18.7%. The information was released this Thursday (5) by the Ministry of Development, Industry, Trade and Services (MDIC). According to the Brazilian Association of Meat Exporting Industries (Abiec), the continued growth in exports is the result of joint efforts by the sector and the Federal Government, through the Brazilian Export and Investment Promotion Agency (ApexBrasil), to open new markets for Brazilian beef, with the Brazilian Beef project. The country is currently ...
Source: Portal Do Agronegocio
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