Brazilian pork exports rise 18% in January despite China’s decline

Brazilian pork exports, considering both fresh and processed products, totaled 74,600 tonnes in January, up 18.2% year-on-year, despite a decline in purchases from its main importer, China, he said on Thursday. Tuesday (8) the Brazilian Association of Animal Protein (ABPA).

The Chinese purchased 31,400 tonnes of meat in January, down 3.5% year-on-year, according to the data.

However, other destinations registered advances in purchases.

According to the association, the Philippines imported 4,400 tonnes, a smaller volume than the Chinese, but with an increase of 569.2% in annual variation.

Argentina bought 4.1 thousand tons (+58.8%), and Singapore took 3.4 thousand tons (+40.2%).

In terms of revenue, international sales in the first month of 2022 generated BRL 160.7 million, a balance 9.7% higher than the total obtained in January 2021.

“The good pace of shipments in January helped to reduce the pressure on production costs, which have severely impacted the activity in the face of the sum of costs that continue to rise this year, such as corn, soybeans, packaging and other items”, said in a note the president of ABPA, Ricardo Santin.

In addition to the advances made at the beginning of the year, ABPA also projects an increase in sales to Eastern Europe.

Source: CNN Brasil

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