São Paulo – Beef export revenues were down 9.5% year-on-year in April in Brazil, to USD 578 million. Shipped volume was down 8% to 135,000 tons, the Brazilian Beef Exporters Association (Abiec) reported.
Year-to-date through April saw 548,800 tons shipped, up 1.15%, with revenue climbing 19.11% to USD 2.42 billion year-over-year.
Three out of the ten biggest markets for Brazilian beef are Arab countries. Egypt ranks third, after China and Hong Kong. Year-to-date through April, exports to Egypt came out to 27,030 tons and USD 88.19 million, down 44.3% and 32.18% from a year ago;
Saudi Arabia stepped up its imports, placing fifth at 17,090 tons and USD 73.54 million, up 15.94% and 50.54%.
The United Arab Emirates were the sixth biggest importer of Brazilian beef, at 13,040 tons and USD 52.11 million, down 57.74% and 53.27%.
Algeria has been buying more and more beef from Brazil. It ranked 13th at 6,780 tons and USD 28.66 million, up 23. 98% and 48.7%.
Libya was another highlight buyer, placing 16th at 5,320 tons and USD 17.43 million, up 60.42% and 81.65%.
Translated by Gabriel Pomerancblum