Brazil's pork exports down by 18.9% in H1 2018
The decrease in pork exports was mainly caused by the trucker's strike that hit Brazil in the months of May and June this year and by the Russian embargo on Brazilian pork imports imposed at the end of last year.
In terms of sales revenue, in the first half of 2018, the Brazilian pork industry exported products worth US $ 567.2 million, with a trade balance 30.4% lower than the US $ 814.7 million registered in the first half of 2017.
In June, Brazil shipped only 35 thousand tons, a level lower by 45.4% compared to the corresponding period from 2017, when 64.1 thousand tons of pork were exported. Compared to the previous month, the exports went down by 26.6% (with 47.7 thousand tons exported in May 2018).
The lower levels in shipments had a strong impact on the export sales revenue in June, which amounted to US $ 64.9 million, or 58.3% lower than the sum of US $ 156 million reported in June 2017. Compared to May 2018, in June the sales revenue was 30% lower(with 93,000 tons shipped in May).
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