Brazil

Best performance for Brazil's chicken meat exports in the last three years

Poultry

Brazilian chicken meat exports totaled 4,100 million tonnes in 2018, according to the Brazilian Association of Animal Proteins (ABPA).

Posted on Jan 09 ,09:50

Best performance for Brazil's chicken meat exports in the last three years

Although the Brazilian poultry sector reported massive losses in the first half of 2018 as an aftermath of the trade bans and the truckers' strike that paralyzed the country between May and June, in the second half of last year it managed to regain growth and the average monthly production in this period actually outperformed its results from the last three years.

ABPA said that the chicken meat exports picked up in the second half of 2018, reporting an average of 377,300 tonnes per month and reached a three-year high. With this significant growth, the Brazilian chicken sector reduced its losses accumulated in the first six months of 2018 (-13.4% compared to the first half of 2017) and closed the year with a 5.1% decrease compared to the 4,320 million tonnes exported in 2017.

Part of this performance was based on the positive balance obtained by the sector in December. Exports in the last month of 2018 reached 352.8 thousand tonnes, 9.9% more volume than the 321.1 thousand tonnes shipped in the same period of 2017.

Total exports in 2018 generated revenues of US $6.571 billion, 9.2% lower than in the previous year. The good performance of sales in the month of December guaranteed a rise of 11.3% for the period, with a balance of US $581.4 million - against US $522.5 million in December 2017.

ABPA expects the positive trend to continue in 2019 as the Brazilian sector intends to increase its foreign chicken sales.

"It is expected that the good flow achieved in the second half of last year will continue in 2019. This is due, among other reasons, to the actions that the productive sector, led by ABPA, will adopt through Project 500K, which aims to achieve the monthly average of 500,000 tonnes in the total exports of poultry and pork until the end of 2020," explained Francisco Turra, president of ABPA.

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