Brazil's "Agricultural Channel" reported on January 9 that a report released by the Brazilian Frozen Food Association (Abrafrigo) showed that Brazil exported 2.016 million tons of beef in 2020, an increase of 8% compared with the 1.8745 million tons in 2019; the export value was 8.4 billion. U.S. dollars, an increase of 11% compared with the 7.6 billion U.S. dollars in 2019. The above data comes from the Brazilian Ministry of Economy.

The report shows that China is the largest buyer of Brazilian beef. In 2020, the amount of beef exported to China (including China and Hong Kong) will reach 1.182 million tons, accounting for 58.6% of Brazil's total exports; the export volume will be US$5.1 billion, accounting for all of Brazil 60.7% of exports.

Other major importers of Brazilian beef in 2020 also include Egypt (127,953 tons, a year-on-year decrease of 23%), Chile (90,403 tons, a year-on-year decrease of 18.2%), the United States (59,444 tons, a year-on-year increase of 53.8%), Russia (5.8849 10,000 tons, a year-on-year decrease of 15.4%), Saudi Arabia (41,067 tons, a year-on-year decrease of 4.4%), the UAE (40,860 tons, a year-on-year decrease of 44.2%), and the Philippines (30,673 tons, a year-on-year increase of 13.4%).

Abrafrigo predicts that as the global economy improves, Brazil’s beef exports in 2021 are expected to increase by 4%. China will still import large quantities of Brazilian beef, and imports from the European Union, Arab countries and some emerging markets will increase.

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