Brazilian Pork Exports Surge, Reaching New Heights
Brazilian pork exports have experienced significant growth, reaching new heights in recent months. According to data from the Brazilian Association of Animal Protein (ABPA), pork exports totaled 112.2 thousand tons in September alone. This represents a 9.2% increase compared to the same period in 2022 when exports reached 102.7 thousand tons.
In terms of revenue, the sector achieved a total of US$ 244.7 million in September, a slight 0.2% rise from September 2022, when exports generated US$ 244.3 million. From January to September, pork exports reached a staggering 920.1 thousand tons, marking an 11.4% growth compared to the same period last year.
The positive growth trend is also reflected in revenue, which increased by an impressive 16.7%. During the first nine months of 2023, Brazil generated US$ 2.160 billion in pork export revenue. This is a significant increase from the US$ 1.851 billion earned during the same period in 2022.
China, despite a 2.1% drop in comparison to 2022, remains the leading destination for Brazilian pork exports between January and September. However, other countries have shown promising growth in their imports. Hong Kong imported 91.2 thousand tons, marking a 22.6% increase. The Philippines followed closely with 90.8 thousand tons, a growth of 33.3%. Chile imported 63.1 thousand tons, showing an impressive 58.7% growth, while Singapore imported 49.4 thousand tons, a 10.9% increase.
Ricardo Santin, president of ABPA, highlighted the significant rise in imports from markets beyond China and Hong Kong. Countries in Asia and the Americas, including Mexico, have shown a strong increase in pork imports from Brazil. In fact, Mexico has become one of Brazil’s top ten importers of pork, importing over 5,000 tons in September alone.
In terms of Brazilian states, Santa Catarina remains the leading exporter of pork, with 495.5 thousand tons shipped from January to September. This represents a 10.9% increase compared to the same period in 2022. Following closely is Rio Grande do Sul, exporting 213.7 thousand tons (+11.9%), Paraná with 17.2 thousand tons (+6.45%), Mato Grosso with 21.1 thousand tons (+36%), and Mato Grosso do Sul with 19.6 thousand tons (+31.4%).
ABPA’s director of markets, LuÃs Rua, points out that Brazil has also expanded its pork sales to new destinations. Canada, for example, has been steadily increasing its imports from Brazil in recent months. Additionally, the Dominican Republic made its first-ever import of pork from Brazil in the reported month. These developments hint at the positive momentum and growth potential of Brazil’s pork export industry.
Overall, Brazil’s pork exports have reached new heights, with increased volumes being shipped to various markets around the world. This growth trend reflects the country’s strong presence as a global pork producer and exporter. As Brazil continues to diversify its export destinations and solidify its position in the international market, the outlook for the pork industry remains promising.
In conclusion, Brazilian pork exports have achieved remarkable growth, setting new records in terms of both volume and revenue. With a focus on expanding its market presence beyond China and Hong Kong, Brazil is successfully tapping into new importers in Asia and the Americas. This growth trajectory, coupled with the performance of key Brazilian states in the pork industry, further solidifies Brazil’s position as a leading global pork exporter.