Brazil Beef Exports Go Through the Roof in April 2024

In a noteworthy achievement, Brazil marked a historic milestone in beef exports during April 2024, dispatching 236,842 tons and generating revenues totaling USD 1.043 billion. Leading the roster of importing nations was China, trailed closely by the United Arab Emirates and Hong Kong. Particularly noteworthy was Hong Kong, which witnessed a substantial 38.9% surge in imports compared to March 2024, primarily driven by increased demand for beef offal.

Year-to-date statistics reveal a robust performance in Brazilian beef exports, with shipments reaching 835,328 tons, reflecting a commendable 37.2% surge compared to the corresponding period in 2023. Concurrently, revenue witnessed a substantial uptick of 29.5%, escalating from USD 2.8 billion to USD 3.68 billion. Fresh meat accounted for the lion’s share at 88% of the total exports, followed by offal at 7.09%, and processed meat at 3.7% of the total volume.

Antônio Jorge Camardelli, Executive President of the Brazilian Association of Meat Exporting Industries (Abiec), highlighted the continued robust demand from China, which consistently imports an average of 95 thousand tons per month, reaffirming its status as a key partner for Brazil. However, Camardelli also noted the prominence of other markets contributing to the year’s increased export volumes.

Throughout 2024, the United Arab Emirates demonstrated remarkable growth in beef purchases, tripling its acquisitions compared to 2023, with shipments totaling 64,787 tonnes between January and April, yielding revenues of USD 298.2 million. Similarly, exports to Algeria amounted to 20,287 tons, generating USD 92.7 million in revenue, while shipments to the Philippines stood at 19,411 tons, resulting in revenues of USD 68.03 million. With burgeoning market opportunities, further increases in export volumes are anticipated in the ensuing months.

These figures, released by the Ministry of Development, Industry, Commerce, and Services (MDIC) and meticulously compiled and analyzed by the Brazilian Association of Meat Exporting Industries (Abiec), underscore Brazil’s enduring prominence as a global leader in beef exports.

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