Brazil

Brazil's pork exports dropped in August

Pork

Brazil has exported 8% less pork in August compared to year-earlier levels. The volumes stood at 54.1 thousand tons, down from 58.8 thousand tons that were shipped in the same period last year, according to the Brazilian Animal Protein Association (ABPA).

Posted on Sep 18 ,10:23

The value of the pork exports was also down. The revenue totaled $98.2 million in August, decreasing by 31.3% from $143 million in the eight month of 2017.

Between January and August this year, exports reached 347.8 thousand tons, 13.3% less than the 401.3 thousand tons shipped between January and August 2017. In revenue, the balance for the year reached US $ 717.6 million, 28.7% less than the total obtained between January and August of last year, with US $ 1 billion.

"Projecting sales of the other products that make up the total pork export in August, shipments in the sector should exceed 63 thousand tons in the month. Sales to China and Hong Kong continue at a high pace, reducing the gap left by the suspension of sales to Russia, "says Ricardo Santin, ABPA's executive director.

Photo Source: Pixabay

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