UAE beef imports from Brazil up 126%
Nov, 11, 2024 Posted by Sylvia SchandertWeek 202443
United Arab Emirates (UAE) imports of beef from Brazil were up 126% in volume year-to-date through October from a year ago. The UAE ranked third on the importers list, the Brazilian Meat Packers Association (Abrafrigo) reported.
The UAE took in 4.7% of total beef exports from Brazil in terms of quantity through October, at 125,600 tons purchased. Exports fetched USD 569.2 million, up 133% year-over-year.
Overall, 2.6 million tons of beef were shipped from Brazil through October, grossing USD 10.774 billion, up 23% year-over-year. In October alone, 319,300 tons were shipped, up 34%, and revenues were up 4% to USD 1.38 billion.
Source: ANBA
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