Brazil pork shipments grow 4.7% in August
August exports the second best in history
12 September 2024
3 minute read
By: Brazilian pork exports totalled 118.1 thousand tons in August, according to the Brazilian Animal Protein Association (ABPA). The volume is the second best monthly result in the history of the sector and exceeds by 4.7% the total shipped in the same period last year, when 112.8 thousand tons were exported.
In dollar revenue, the increase recorded in the month reached 9.1%, with US$ 276.3 million in the eighth month of 2024, against US$ 253.1 million. This is the best monthly result in history for the month of August. There was also a record for the month in revenue in reais, with R$ 1.534 billion, a balance 23.4% higher than that achieved in the same period last year, with R$ 1.241 billion.
In the year (January to August), pork shipments totalled 870.2 thousand tons, 7.7% higher than the same period last year, with 807.2 thousand tons. In dollar revenue, the result reached US$ 1.885 billion, 1.6% lower than the same period last year, with US$ 1.916 billion. In reais, there was growth of 3.1%, with R$ 9.888 billion in 2024, against R$ 9.594 billion in 2023.
In the survey by country, the Philippines has consolidated itself as the main destination for Brazilian pork exports, with imports of 28 thousand tons in August, a figure 80% higher than that recorded in the same period last year. In second place is China, with 16.3 thousand tons (-46%), followed by Chile, with 12.3 thousand tons (48%), Hong Kong, with 9.5 thousand tons (+5%) and Japan, with 8.1 thousand tons (+170%).
“Brazilian pork exports have gained new players, with the Philippines and Chile becoming increasingly prominent, with strong comparative increases," said ABPA president Ricardo Santin. "The same occurred with Japan, a market that stands out for importing high value-added products, and which is now one of the five largest destinations for Brazilian products."
Santa Catarina remains Brazil's largest pork exporter, with shipments of 62.5 thousand tons in August, a figure 0.4% lower than in the same period last year. In a strong upward movement, Rio Grande do Sul exported 26 thousand tons, a volume 13.6% higher than that shipped in August 2023. Next are Paraná, with 16.7 thousand tons (+8%), Mato Grosso, with 3.2 thousand tons (+4%) and Mato Grosso do Sul, with 2.5 thousand tons (+13.9%).
"Brazil has been expanding its global presence in pork exports, especially in a context of reduced exports from the world’s leading exporter, the European Union," said Luís Rua, ABPA market director. "The surplus in tons from January to August is the highest in the first eight months of a year. This month of August is the second best result in the historical series, after the absolute record in July. Everything points to a new export record for this year."
