USA is already the third-largest importer of Brazilian beef
Jul, 22, 2021 Posted by Ruth HollardWeek 202129
Brazilian beef exports to the United States more than doubled in the first half of 2021 compared to the same period last year, according to data from the Secretariat of Foreign Trade (SECEX) highlighted by the Center for Advanced Studies in Applied Economics (CEPEA/ESALQ).
From January to June, shipments totaled 42,480 tons, a record volume 111% higher than the same period in 2020 (20,100 tons) and 151% higher than the first six months of 2019, when 16,900 tons were exported.
See the DataLiner chart below for Brazilian beef exports since January 2019:
Brazilian Beef Exports (HS 0202) to the United States | Jan 2019 to May 2021 | TEU
Graph source: DataLiner (click here to request a demo)
As a result, the US became the third main destination for Brazilian protein abroad, behind China and Hong Kong. Chile was pushed down to the fourth place.
Source: Valor Econômico
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