Brazil pork shipments increase 13.9% in May

Brazilian exports of pork (considering all products, between freshand processed) totaled 101.7 thousand tons in May, according to a market report from the Brazilian Association of Animal Protein (ABPA). The number exceeds by 13.9% the total shipped in the same period last year, with 89.3 thousand tons.

Revenue from exports of the sector reached US$ 251.4 million, a balance that exceeds by 23% the total recorded in the same period of 2022, with US$ 204.3 million.

In the accumulated of the year (January to May), shipments from the sector reached 481.1 thousand tons, a number 15.5% higher than the result recorded in the same period of 2022, with 416.6 thousand tons.

In revenue, the accumulated balance between January and May of this year already totals US$ 1.149 billion, a result 28.2% higher than that effected in the same period of 2022, with US$ 896.3 million.

The main importer of Brazilian pork, China imported 176.2 thousand tons between January and May, a number 20.8% higher than that recorded in the same period of 2022, with 145.9 thousand tons. Sales to Hong Kong were also highlighted, with 51.3 thousand tons (+21.1%), the Philippines, with 38 thousand tons (+17.5%), Chile, with 34.2 thousand tons (+69.6%) and Singapore, with 29 thousand tons (+5.7%).

“This month, it is worth highlighting the exports to the newly opened market of Mexico, one of the three largest importers in the world, and which has already placed itself among the ten main destinations for pork meat in Brazil. In turn, even with an increase of more than 20% in the volume purchased in the year, China has reduced its percentage share of total Brazilian exports, showing the success of Brazil’s market diversification policy, including the possibility of opening new markets in the short term”, analyzes Luís Rua, Director of Markets at ABPA

Tags: ABPA, Hong Kong, The Philippines, China, exports, pork, Brazil, Singapore, Market, Chile