Benefiting from Chinese demand, Brazil's annual pork exports exceed one million tons for the first time
Food Safety News
2021-01-08
Global Foodmate
According to the data released by the Brazilian Animal Protein Association (ABPA) on January 5, the export volume of Brazilian pork in 2020 broke a historical record, exceeding 1 million tons for the first time.
Reuters reported that data show that in 2020, Brazilian pork (fresh and processed products) exports were 1.021 million tons, a year-on-year increase of 36.1%; exports were US$2.27 billion, a year-on-year increase of 42.2%. In December, Brazilian pork exports amounted to 80,300 tons, a year-on-year increase of 5.6%; exports were US$191 million, a year-on-year increase of 4.1%.
Despite the impact of the new crown epidemic, the record-breaking volume of pork exports reflects the strong demand for Brazilian commodities last year. The outstanding performance in 2020 is the benefit of China's import of a large amount of Brazilian pork, and the appreciation of the U.S. dollar against the real has also made local products more competitive.
These data also confirmed the forecast in December last year, when the association stated that the annual export volume of Brazilian pork would exceed 1 million tons for the first time, breaking the record for 2019. At that time, ABPA also predicted that shipments in 2021 would continue to be strong. However, due to the weakening of the African swine fever epidemic in China and the increased costs caused by the new crown epidemic, it will also bring some difficulties to Brazil's exports in 2021.
In addition, ABPA also announced the 2020 Brazilian chicken export data: the total export volume was 4.23 million tons, a slight increase of 0.4% compared with 2019, but the export value fell 12.5% to 6.123 billion US dollars. In December last year, Brazil's chicken meat exports were 380,800 tons, a year-on-year decrease of 2.8%; the export value was US$579 million, a year-on-year decrease of 8.9%. The record for Brazilian chicken exports was in 2016, when exports totaled 4.38 million tons.
"Whether it is the record high of pork exports... or the growth of chicken exports, these final data still confirm that Brazil is at a good time in the international market, although in general this is a challenging one. Year." ABPA Chairman Ricardo Santin said in the report, "Looking forward to 2021, with the expectation of the international economic recovery, it will continue to maintain a positive rhythm."
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