From the Newsroom
São Paulo – Beef exports from Brazil were up 35% in May and 18% year-to-date through May, the Brazilian Meat Packers Association (Abrafrigo) reported this Monday (10) quoting federal government data. Egypt was the second leading destination year-to-date.
Processed/fresh beef export results were the strongest to date this year last May at 150,200 tons shipped, from 111,500 tons in May 2018. Revenues climbed 24% to USD 573.7 million from USD 462.9 million in May 2018.
Year-to-date through May, 694,300 tons of beef got shipped from Brazil, up from 590,000 tons a year ago. Revenue was up 8% from USD 2.39 billion in 2018 to USD 2.59 billion.
China was the leading buyer of beef from Brazil, although its imports eased year-on-year. Egypt ranked second at 60,600 tons. Next came Iran; the UAE placed fourth at 40,700 tons. Chile and Russia were fifth and sixth on the list. Abrafrigo said 95 countries stepped up its beef imports from Brazil, and 53 did the opposite.
The Port of Santos handled the bulk of beef shipped out from Brazil, at 63.5%. The second and third ports were São Francisco do Sul, in Santa Catarina, and Paranaguá, in Paraná.
Translated by Gabriel Pomerancblum