Brazil

Brazilian pork exports up 8.8% in December 2018

Pork

Brazil exported 8.8% more pork in December last year compared to year earlier levels, reaching 47,700 tonnes, according to recent data from the Brazilian Association of Animal Proteins (ABPA).

Posted on Jan 10 ,06:32

Brazilian pork exports up 8.8% in December 2018

The Brazilian pork sector ended the year with total exports of 549,000 tonnes, a volume 7.4% lower than the one recorded in 2017. The losses of 19.5% accumulated in the first half of the year (in comparison with the first half of 2017) were reduced by an increase of 4.5% in the last six months of the year.

In revenue, pork sales totaled US $ 94.8 million, 7% lower than the same period in 2017. For the year as a whole, sales generated revenues of US $ 1.115 billion, 23.9% lower than the previous year.

"The pace of sales to China was key to the sector's export performance in 2018. It is expected that the flow into the Asian market will continue, boosting sales in the sector as Russia gradually resumes imports of Brazilian products," Ricardo Santin, executive director of ABPA, explained.

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