Brazil's pork exports in 2023 expected to increase 9.6%

Published 2023년 11월 13일

Tridge summary

Brazil's pork exports are expected to increase by 9.6% in 2023, with 1.013 million tons of pork exported in the first 10 months of the year, equivalent to $2.361 billion in revenue. China remains the largest market for Brazil's pork exports, although there is also increasing demand from other countries such as Mexico, Chile, the Philippines, Japan, and Korea. The state of Santa Catarina is the main pork exporting state in Brazil, followed by Rio Grande do Sul, Parana, Mato Grosso, and Mato Grosso do Sul.

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

Original content

According to a survey by the Brazilian Meat Association (ABPA), Brazil's pork exports (including all fresh and processed products) in 2023 are expected to increase by 9.6%. In the first 10 months of 2023, Brazil exported 1.013 million tons of pork, equivalent to 2.361 billion USD, an increase of 9.6% in volume and an increase of 13.1% in turnover compared to the first 10 months of 2022. In October 2023 alone, pork exports reached 93 thousand tons, equivalent to 200.3 million USD, down 5.7% in volume and down 15.5% in turnover compared to October 2022. Among the main export markets, China still leads with 336.5 thousand tons, down 8% compared to the first 10 months of 2022. Next is Hong Kong, with 101.3 thousand tons (up 23%), Philippines 101.3 thousand tons (up 40%), Chile 69.1 thousand tons (up 47%), Singapore 53.4 thousand tons (up 12%) and Vietnam 41.9 thousand tons. Mr. Ricardo Santin - President of ABPA predicted that in 2023, Brazil's pork exports will reach about 1.2 ...

Source: Vinanet