Pork exports grew 48% in July YoY to 100,400 tonnes

In July, Brazilian pork exports (both fresh and processed) totaled 100,400 tonnes –  a total that is 47.9% higher than sales made in the same period of 2019, totaling 67,900 thousand tonnes. This data is from the Brazilian Association of Animal Protein (ABPA).  In revenue terms, the total balance of July reached US$203.1 million, a figure 37.3% higher than that registered in July last year, at US$147.9 million.

The cumulative total for the year so far shows that the sector’s sales grew 38.78%, with 579,900 tonnes exported between January and July this year, compared to 417,800 tonnes exported in the same period of 2019. In foreign exchange revenue, there was a 49.9% increase, reaching US$1.279 billion, compared to US$853.5 million in the first seven months of last year.

Sector shipments continue to be driven by Asian demand. There was an 82.9% increase in sales to the region in the first seven months of this year compared to year-ago levels, with 456,000 tonnes exported this year (equivalent to 78.6% of the total exported by the sector).

In China alone – which continues to face problems in its domestic production due to the African swine flu – 282,100 tonnes of the meat was imported, a number 143% higher than that achieved in the same period of 2019. Other prominent importers in the Asia region were Hong Kong which imported 107,700 tonnes (+17 %), Singapore 32,900 tonnes (+ 49%), and Vietnam 16,900 tonnes (+ 90%).

The following chart shows Brazilian pork exports on a monthly basis since January 2017:

Brazilian pork exports – Jan 2017 to Jun 2020 | TEU

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