Brazilian chicken, pork exports ahead of last year

Exports of pork from Brazil for the first 10 months of the year were almost 40 percent higher than at the same point last year, and there was a 5 percent increase in chicken meat to other countries, according to the latest figures from the Brazilian Animal Protein Association (ABPA).

(Bivalet | Bigstock)
(Bivalet | Bigstock)

Exports of pork from Brazil for the first 10 months of the year were almost 40 percent higher than at the same point last year, and there was a 5 percent increase in chicken meat to other countries, according to the latest figures from the Brazilian Animal Protein Association (ABPA).

Changing pace of poultry meat exports

For the month of October, Brazil exported 314,500 metric tons (mt) of chicken meat – both raw and processed – or 4.5 percent less than in the same month of 2015. In terms of value, the trade was 2.2 percent below that in the same month a year ago at just under US$510 million.

According to ABPA’s vice president of markets, Ricardo Santin, the main reason for the reduction was that Japan bought much more chicken than usual from Brazil during the previous month, and cut its requirements in October.

For ABPA Chief Executive Francisco Turra, contributory factors were a suspension of sales to China from five Brazilian poultry processing plants due to documentation issues, and the halt in trade to Venezuela, which amounted to more than 10,000 mt in October last year.

Despite the lower performance for the month, shipments for the year so far reached 3.693 million metric tons (mmt), or 5 percent more than in the same period last year. The value of those sales in foreign currency is down 3.6 percent compared to 2015 at almost US$5.75 billion. In local currency, revenue was up just over 3.8 percent at 20.05 billion real (BRL).

Brazil exported 21 percent more pork in October

For the month of October, exports of fresh pork by Brazil amounted to 53,200 mt or 21 percent more than a year previously. The value of the trade in foreign currency was 23 percent higher at US$133.1 million, and 1 percent higher in local currency at just under BRL424 million.

Rui Eduardo Saldanha Vargas, ABPA’s technical vice president attributed this growth to increased trade with Hong Kong, Argentina and Uruguay,

Shipments of Brazilian pork for the first 10 months of 2016 amounted to 527,300 mt, almost 39 percent ahead of last year’s volume. In value, this represented an increase of 12.8 percent in US dollars and 18.6 percent in Brazilian real.

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