Home Agribusiness Pork exports totaled 278,300 tons in first half

Pork exports totaled 278,300 tons in first half

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Total Brazilian pork exports (considering all products, including fresh and processed) reached 278,300 tonnes between January and June this year, reports the Brazilian Association of Animal Protein (ABPA) . The volume shipped was 18.9% lower than in the first six months of 2017 they were exported 343 300 tons.

Revenues from sales accumulated by the sector this year totaled US $ 567.2 million, 30.4% lower than the balance of US $ 814.7 million recorded in the first half of 2017.

With 35,000 tons shipped, the performance of sales in June recorded a decrease of 45.4% over the same period last year, they were exported 64,100 tons. Compared to May, the decrease reaches 26.6% (with 47,700 tons exported in the fifth month of 2018).

The decline in shipments levels impacted the monthly revenue from exports in June, which totaled US $ 64.9 million, 58.3% fewer than the $ 156 million invested in the sixth month of 2017. Compared to the previous month, the June performance was 30% lower (US $ 93 million in May).

“The roadblocks occurred in the last 10 days of May expanded the impact registered by the sector to the embargo imposed by Russia since December 2017, which becomes clear when we compare the performances of May and June. We expect this downturn to dissolve over the next few months, especially since July, “says Francisco Turra, president of ABPA.

Even with the impact of roadblocks, pork sales to China remained high this semester. In all, 69,800 tons exported in the period, volume 170% higher than the 25,800 tons shipped in the same period last year.

Hong Kong – current main destination of exports of pork from Brazil – imported 79 300 tons in the first half, 12% above the volume effected in the same period last year, to 70,700 tons.

South America also excelled in imports of Brazilian products throughout the first half. Chile increased its purchases by 40%, totaling 14,500 tons. Uruguay imported 18.1 thousand tons, 25% above the effected in the first six months of 2017. Argentina – third major market for Brazil – increased their purchases by 11%, reaching 19,000 tons.

In the African continent, the main highlights were Angola, with 15,000 tonnes imported in the first half (+ 8%) and South Africa, with 3.1 tons (+ 495%).

“With the news spread in the market on the import of Russian wheat in Brazil and the technical clarifications already made between the parties, we have now more optimistic expectations about the resumption of Brazilian pork shipments to Russia,” says Turra.