Brazil’s pork exports 52% higher in May YoY

Brazil exported 102,400 tons of pork (both fresh and processed) in May. This number was 52.2% higher than the amount shipped in May of last year when 67,200 tons were exported. This information is from the Brazilian Animal Protein Association (ABPA).  Monthly pork sales totaled US$227.9 million, 58.4% more than year-ago levels which totaled US$143.8 million.

The cumulative total for the first five months of this year stood at 383,200 tons, a 34% year-on-year increase when levels reached 285,900 tons. When it comes to revenue, the total was 54.8% higher, at US$878.3 million in 2020, compared to US$567.5 million in 2019. According to ABPA, it is the first time that Brazilian exports of the protein have exceeded 100,000 tons and US$200 million in a single month.

Chicken 

Chicken exports (both fresh and processed) totaled 399,400 tons in May, which was 4.5% higher than May last year, at 382,200 tons.  Export revenues for this period totaled US$546.3 million, 17.3% less than the result recorded in the same month last year, which totaled US$660.7 million.

From January to May, the exported volume reached 1.764 million tons, 4.9% higher year-on-year. The revenue for this period reached US$2.697 billion, marking a 3.7% drop over the same comparison period.  It is worth noting that China remains the main destination for Brazilian pork and chicken exports.

The graph below shows Brazilian exports of beef, chicken and pork on a monthly basis since 2015:

Source: DataLiner (To request a DataLiner demo click here)

Source of report: Reuters

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