Beef exports grew 9.3% in May

Beef exports grew 9.3% in May compared to April, reaching 149,960 tons, according to data from the Secretariat of Foreign Trade (Secex), released by the Brazilian Beef Exporters Association (ABIEC). Exports totaled US$575.98m, up 11.4% over April. One of the main reasons for this growth is that shipments to Russia resumed again in October of last year.

In 2018 Russia was only placed 26th in terms of its quantity of Brazilian meat imports.  In May it had jumped to 8th position amongst the main destinations, with a volume of 7,362 tons and revenue of US$24.2m. Between January and May shipments to Russia grew 137% by volume and 140% in sales.  Shipments during the period totaled 24,978 tons, with revenues of US$81.34m. Brazil’s total beef exports stood at 692,829 tons in the first five months of the year, up 16.7% compared to the same period in 2018. Sales totaled US$2.6bn, up 7.7%.

The Brazilian Beef Exporters Association did not compare May 2019 data with May 2018 because last year there was a change in the methodology used by the Secretariat of Foreign Trade (Secex), which caused a delay in the disclosure of the monthly data.

Sources: Abiec and Estadão Conteúdo

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