S\u00e3o Paulo \u2013 Year to date through November, beef exports from Brazil reached 14,848,067 tonnes, up 9% from a year ago, and USD7.7 billion, up 14%, the Brazilian Meat Packers Association (Abrafrigo) reported quoting the Brazilian Ministry of Economy’s Foreign Trade Secretariat figures.<\/p>\n
According to the association, the Chinese imports in November compared to October helped keeping the 2020 growth forecast close to 10% in volume and around 15% in revenue. In volume terms, China bought 1,071,273 tonnes year to date through November, up 31% from 2019. In revenue, the Chinese market accounted for 57.9% of beef exports from Brazil, from 43.2% in 2019.<\/p>\n
After the Asian giant, the biggest buyer was Egypt at 122,000 tonnes year to date through November, down 23.7% from 2019. Saudi Arabia ranked sixth at 38,580 tonnes, down 1%, while the United Arab Emirates place seventh at 38.1300 tonnes, down 45.3%.<\/p>\n
In November, beef exports from Brazil was the largest this year so far, reaching 197,000 tonnes, up 10% from a year ago, for USD844.8 million. The volume exported in November was driven by Chinese purchases, which picked up. China stepped up its purchases from 109,000 tones in October<\/a> to 123,000 in November.<\/p>\n Translated by Guilherme Miranda<\/strong><\/p>\n <\/p>\n