Brazil sets record for beef exports in 2024 worth US$ 12.8 billion
A total of 2.89 million tons were exported, an increase of more than 26% compared to last year. The volume exported generated US$ 12.8 billion, approximately 22% more than the amount earned in 2023. This result, according to data from the Ministry of Development, Industry, Commerce and Services (MDIC), compiled by the Brazilian Association of Meat Exporting Industries (Abiec), places the sector ahead of others that contributed to the positive balance of the Brazilian trade balance in 2024, of US$ 74.6 billion. The promotion of national beef in the world is driven by the Brazilian Beef initiative, the result of the partnership between the Brazilian Trade and Investment Promotion Agency (ApexBrasil) and Abiec.
China maintained its position as the main destination for Brazilian beef, with 1.33 million tons exported, generating revenue of US$ 6 billion. Next came the United States, which imported 229 thousand tons, totaling US$ 1.35 billion. Other important markets include the United Arab Emirates (132 thousand tons and US$ 604 million), the European Union (82.3 thousand tons and US$ 602 million), Chile (110 thousand tons and US$ 533 million) and Hong Kong (116 thousand tons and US$ 388 million).
Considering the 15 largest destinations for Brazilian beef in 2024, which together represented more than 90% of total revenue, there was growth in all of them, compared to 2023. The most representative increases were recorded for Algeria, Mexico, United Arab Emirates, Philippines, United States, Russia and Israel.
Adding up all categories of beef products, the sector's exports throughout the year reached 157 countries. When considering only exports of fresh meat (which represent more than 90% of the total value), there were 132 markets, 46 more markets in the last decade.
"It was a historic year for the national beef industry, for the livestock sector and for Brazil. The decisive contribution to the positive trade balance is proof of this, and was already expected. Although it is still too early to make a prediction, I believe that 2025 has everything we need to break the record in exports and also in revenue", celebrates the president of Abiec, Roberto Perosa.
According to Perosa, the numbers reflect the joint effort of both the private sector and the Federal Government, through ApexBrasil, which, together with Abiec, is developing the Brazilian Beef Project, to open new markets and consolidate those already conquered for beef.
"We have markets to open that represent a large portion of the global beef consumer market, including Japan, Vietnam, Turkey, and South Korea. Some of them are at different stages of negotiation. But, together with the Brazilian government and the Ministry of Agriculture, we will fight to ensure that 2025 is the year that gives us the opportunity to take Brazilian beef to these destinations", he concludes.
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