June 13, 2024

Brazil’s exports exceeded 200,000 tons in one month for the first time

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Brazil's exports exceeded 200,000 tons in one month for the first time

Total Brazilian exports of beef (in nature and processed) increased by 11% in August compared to the same month of 2020, from 191,411 to 211,850 tons. Revenue has already seen an increase compared to the same period last year, with a positive variance of 0.56%, to reach $1.175 billion.

The data was released by Brazilian Association of Refrigerators (Abrafrigo) This Saturday, 4, based on data from the Foreign Trade Secretariat (Secex) of the Ministry of Economy. This is the first time in the history of this market that the country has exceeded the barrier of 200,000 tons exported in one month, according to Abrafrigo.

In the first eight months of the year, the volume of exports compared to the same period in 2020 decreased by 1%, reaching 1.283 million tons. Revenue is 15% higher in the same comparison: $6.26 billion. Of this volume, China was responsible for 59% of revenue and export volume, via the mainland and Hong Kong. In July, the Asian country purchased 100,962 tons of fresh and processed Brazilian beef.

Argentina and Australia cut meat exports

According to Abrafrigo, Brazil benefited from the decrease in supply in the international market after the decline in Argentine exports, due to the policy to combat domestic inflation, and in Australia, where the herd has not yet recovered from successive losses due to drought. floods.

After the Asian powerhouse, the United States was the second largest importer of Brazilian beef protein as of August. According to the organization, the country acquired 66,467 thousand tons in the period, an increase of 92.7% compared to 2020. Chile ranks third with 62,621,000 tons, an increase of 24.4% compared to 2020. Then Egypt with 35,495 thousand tons (54.9%) and the Philippines 35,495 thousand tons ( + 38.3%) and the United Arab Emirates, which bought 29,056 thousand tons (+ 13.5%).

In all, according to Abrafrigo, 88 countries increased their imports while another 75 reduced their purchases.

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