Brazil Jan-Nov Pork Exports Up At $688m
BRAZIL - Brazilian pork exports were up by 34% between January and November, to $688 million, despite a Russian ban on Brazilian meat, the Brazilian Pork Packaging and Export Association (Abipecs) said Tuesday. By comparison, in the same period last year, pork exports totaled $512.7 million.
Export revenue basically grew as a result of rising pork prices, which jumped to $1,833 per metric ton last November from $1,388/ton a year earlier.
In volume, exports declined slightly, to 459,154 tons, against 464,103 tons in the first 11 months of 2003. Full-2004 pork exports are estimated at 500,000 tonnes, marginally above the 490,000 tons in 2003.
In revenue, exports should increase to $737 million, up from $546.5 million last year. Abipecs President Pedro de Camargo Neto said that sales have risen more sharply to Ukraine, which has bought 30,816 tons this year, compared with only 96 tons in 2003.
The main destinations for Brazilian pork in 2004 have been Russia (263,500 tons), followed by Hong Kong (50,000 tons) and Ukraine.
Source: eFeedLink - 22nd December 2004
