Brazil's beef exports increased by 12% in the first eight months, exports to China increased by 65.8%
According to data released by the Brazilian Frozen Food Association (Abrafrigo) on the 8th, from January to August this year, Brazil exported about 1.3 million tons of beef (including fresh beef and processed beef), an increase of 12% year-on-year, and the export volume to China increased by 65.8%. .
The Brazilian National News Agency reported that Abrafrigo stated that China’s meat supply has decreased and import demand has increased due to the impact of African swine fever. In the first eight months of this year, beef exports to China accounted for 62.4% of Brazil's total beef exports, including exports to mainland China (530,458 tons) and Hong Kong, China (212,261 tons).
Egypt is Brazil's second largest beef customer. From January to August this year, it imported 91,529 tons of beef from Brazil, a decrease of 25.4% year-on-year; Chile ranked third with 50,360 tons of beef imports (down 34.2% year-on-year).
In August, Brazil once again set a new monthly beef export record, exporting a total of 191,141 tons of beef, of which 108,000 tons were exported to China.
In addition, from January to August, Brazil’s beef export revenue reached US$5.4 billion, an increase of 23%. Among them, export revenue in August reached 753.2 million U.S. dollars, a year-on-year increase of 19%.
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