News

Paraguayan meat revenue from shipments to Brazil increased 103%

Meat
Brazil
Paraguay
Published Sep 25, 2021

Tridge summary

An increase of 103.4% in values was registered at the end of August due to shipments of national beef to Brazil if compared with the records of the same period of 2020. In terms of volume and prices, a considerable increase was also observed, according to the Foreign Trade report of the Central Bank of Paraguay (BCP).

Original content

Between January and August 2021, revenues from Paraguayan meat exports to Brazil increased 103.4%. Until the eighth month, USD 106.6 million were generated, a year-on-year increase of USD 54.2 million, since USD 52.4 million were generated in the first eight months of 2020. In terms of volume, there was also an increase due to shipments of the national red protein. As of August, Paraguay exported 25.4 thousand tons of beef to Brazil, while in the same period of last year the quantity exported reached 15.1 thousand tons, which means an increase of 10.3 thousand tons (68 %). Likewise, Brazil registered the second largest increase in the price paid for Paraguayan meat (21.2%), after Kuwait (50.2%). Until August of this year, the average price paid was USD 4202 per ton; On the other hand, between January and August 2020, 3,468 USD / ton was paid, that is, a positive variation of USD 734. According to BCP data, Brazil remains the fourth best destination for Paraguayan meat behind ...
Source: Productivacm
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