Brazil’s January-June pork exports rise 16%

Brazil’s pork exports reached 589.8 thousand tonnes between January and June 2023, outperforming the 510.2 thousand tonnes shipped during the same period in 2022 by 15.6%, according to data from the Brazilian Association of Animal Protein (ABPA). In the first half of the year, export revenue amounted to US$ 1.413 billion, marking a 26.7% increase compared to the US$ 1.115 billion recorded between January and June 2022.

Brazilian exporters saw 108.6 thousand tonnes of pork shipped in June alone, the highest single-month performance of 2023 and a 16.1% increase from 93.5 thousand tonnes in 2022. The revenue gained from international sales totaled US$ 264.3 million in June, marking a 20.7% increase year-on-year.

The chart below shows the volume of Brazilian pork shipped between Jan 2019 and May 2023, according to the DataLiner maritime intelligence service.

Brazilian pork exports | Jan 2019 – May 2023 | WTMT

Source: DataLiner (click here to request a demo)

Brazil’s pork exports top destinations

• China: Imported 214.4 thousand tonnes in the first half, a 17.1% increase compared to last year.
• Hong Kong: Imported 61.1 thousand tonnes, showing a 21.6% growth compared to the same period in 2022.
• Philippines: Imported 50.9 thousand tonnes, up 21.8% from the first half of the previous year.
• Chile: significant increase of 78% compared to January and June 2022, importing 41.3 thousand tonnes.

“Even in a challenging environment for pig farming, pork exports have significantly increased this year. Brazil has expanded its presence in important markets, seizing the opportunity created by the decline in export volumes from major players such as the European Union, the world’s largest exporter, and Canada, the third-largest exporter. Alongside the substantial volume increase in China, exports to Chile and Japan have shown positive growth in the first half,” commented Luis Rua, ABPA’s director of markets.

Fonte: Money Times

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