Exports of beef from Brazil increased by 9% in November, a lower percentage compared to previous months. The United Arab Emirates more than doubled its purchases.
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The Arab country was the third biggest importer of beef from Brazil year-to-date through October and accounted for 4.7% of total foreign sales.
Algeria has joined the list of the top 20 importers of Brazilian beef, at 34,200 tonnes from January to September. The UAE also increased their purchases, contributing to the rise in exports.
The Arab country ranked fifth among the destinations of beef from Brazil from January to July 2023 and rose to third place this year, increasing its purchases by 212%.
Arab country was the third largest importer of beef from Brazil in the first half of the year, only behind China and the United States. Purchases stepped up both in volume and value.
The Egyptian market bought 81,300 tonnes of Brazilian beef from January to August this year, up 96.8%.
The Arab country was the third leading destination for Brazilian beef from January to July this year. Exports to the Egyptian market expanded by 144%.
The Arab country stepped up by 319% its beef purchases from Brazil and ranked second among the leading importers, only behind China.
From January to September, the United Arab Emirates were the sixth leading destination for Brazilian beef abroad and increased its purchases by 14%. Brazil had an excellent performance in exports of the product in September, despite an embargo in some countries.
Egypt, Saudi Arabia and UAE, the top Arab beef buyers, decreased their imports. Overall, though, Brazil exports hit a record high, reaching over 2 million tonnes in 2020.
Foreign sales from Brazil increased in the first ten months of the year, driven by China, as well as Saudi Arabia and the United States.
Shipped volume climbed 2% in September, even though export revenues decreased. China remains the leading importer year-to-date, with Egypt in second.
Beef shipments in February declined by 6% year-on-year. China reduced purchases.
Foreign sales from Brazil were up 35% last month and 18% year-to-date. Egypt and the UAE were some of the top buyers.
