Brazilian pork exports increase 43% in first-quarter

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Official data shows that Brazilian pork exports have increased by 43.34% in the first quarter of 2020 compared to the first quarter of 2019, with 11,660 tons. In the month of March alone, there was a 37.9% increase compared to March of 2019 when only 4,131 tons were shipped. The main markets are China and Hong Kong.

When analyzing the data on broiler, however, the growth in the first quarter of 2020 compared to that of 2019 was more modest, with only a 6.64% increase, totaling 74,080 tons. When comparing March 2020 with the same month of the previous year, the growth was 4.1%, with a total of 26,137 tons shipped.

Beef exports were the only major protein to decline. When comparing the first quarters of 2020 with 2019, there was a 5.86% drop, with a total of 22,496 tons. When comparing the months of March, however, there was a 2.2% increase in beef exports in 2020 compared to 2019, with a total of 8,350 tons.

In the coming months, the expectations are that there will be an increase in Brazil’s exports. This is due to the coronavirus pandemic, which has paralyzed several large American slaughterhouses in the last month. Hence, American producers will be forced to prioritize domestic supply and reduce exports to China and other Asian countries, favoring Brazil.

The Brazilian production structure, which is less concentrated and contains smaller plants than the US, would have the advantage of having fewer workers per plant who could potentially be exposed to the disease.

In addition, China has again reported cases of Spanish swine flu in the country’s pig farms, a disease that in 2019 decimated most of their pigs and increased their need to import the protein.

Source: Mercopress

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About Geoffrey W W McRae

With a highly distinguished career spanning more than three decades across five different countries, New Zealander Geoffrey McRae has established himself as a leading authority on South American real estate, agricultural, and commercial matters. As the founder of Gateway to South America – a real estate consulting group specialising in six South American countries – Geoffrey has developed a reputation for discretion, expertise, and experience that has seen him represent some of the most prestigious clients in the region. His deep knowledge and experience of South American markets have placed him at the forefront of the industry and given him the opportunity to guide and advise with confidence and surety. His long and successful career – which continues to evolve and expand daily – is a testament to his talent, tenacity, and ambition.

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