Pork exports grow 13.2% in November, says ABPA

Brazilian pork exports (both fresh and processed) reached 105.7 thousand tonnes in November, as reported by the Brazilian Animal Protein Association (ABPA). This volume is 13.2% higher than the same period in 2022, which saw exports of 93.4 thousand tonnes.

In terms of revenue, the sector’s sales totaled US$ 225.8 million in November, representing a 2.3% decrease compared to the result recorded in the eleventh month of 2022, amounting to US$ 230.5 million.

Considering the year-to-date (January to November), the sector’s exports show a 10% increase, with 1.118 million tonnes exported in 2023, compared to 1.017 million tonnes last year.

During the same period, accumulated revenue reached US$ 2.586 billion, marking an 11.5% increase over the total recorded in 2022, US$ 2.319 billion.

“The exports this month once again surpassed the 100,000-ton mark. Shipments seen until November already equal and exceed, in revenue, the total recorded throughout 2022. The numbers confirm the initial projections for exports this year,” said ABPA President Ricardo Santin.

The chart below shows Brazilian pork exports between Jan 2019 and Oct 2023, according to the DataLiner maritime information service.

Brazilian Pork Exports | Jan 2019 – Oct 2023 | WTMT

Source: DataLiner (click here to request a demo)

China, Hong Kong, Philippines

As the main destination for Brazilian pork exports this year, China imported 362.1 thousand tonnes between January and November, a volume 11% lower than the total imported in the same period of 2022.

In second place is Hong Kong, with 114.2 thousand tonnes, a volume 27.3% higher than in 2022. Also experiencing positive growth are the Philippines, with 113.1 thousand tonnes (+46.9%); Chile, with 76.4 thousand tons (+39.3%); Singapore, with 57.9 thousand tonnes (+13.7%); Vietnam, with 45.3 thousand tonnes (+3.7%), Uruguay, with 43.8 thousand tonnes (+11.2%), and Japan, with 35.3 thousand tonnes (+47.7%), among others.

“Except sales to China, all other importing countries have seen an increase in Brazilian pork imports this year, confirming a trend anticipated by the sector to expand the reach of exports, strengthening the presence of the product in high-value markets such as Japan, South Korea, and the United States,” said ABPA Markets Director Luís Rua.

Source: Agro em Dia

Click here to read the original news report: https://agroemdia.com.br/2023/12/06/exportacoes-de-carne-suina-crescem-132-em-novembro-diz-abpa/

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