Chinese pork imports grow 44% in November
Dec, 23, 2020 Posted by Ruth HollardWeek 202052
Chinese customs data shows that imports of pork from the country totaled 330,000 tons in November, 43.7% higher than in November last year. 3.95 million tons have been purchased since January.
It is worth remembering that in 2018 and 2019, an outbreak of African swine fever drastically reduced the pig herd in China, the largest consumer of animal protein in the world; this favored Brazilian exports to the Asian country.
In November of this year, however, production grew by 30%. Last week, the Chinese Ministry of Agriculture said the country’s pig supply is expected to fully recover in the first half of 2021.
The chart below shows a comparison of Brazilian pork exports to China in the period from January to October 2018 to 2020:
Brazilian pork exports (HS 0203) to China | Jan to Oct 2018-2020 | TEU
Graph source: DataLiner (To request a DataLiner demo click here)
Beef imports, in turn, fell 9.1% to 170,000 tons in November compared to the same month of 2019. 1.91 million tons have been purchased so far in 2020.
Source: Valor Econômico
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