Latest figures show Brazil ramping up pork exports to China

China has become Brazil’s main market for pork exports in the first two months of 2021, with exports growing by 20% in February.

16 March 2021, at 8:38am

According to reporting in Merco Press, Brazil’s fresh and frozen pork exports increased by 20.3% in February 2021 and revenues increased by 19.9%. The official figures increased to 81,100 tonnes compared to 67,400 tonnes in the same period in 2020. Revenue reached $185.7 million for February 2021 compared to $154.9 million in 2020.

For the first two months of 2021, total pork exports from Brazil totaled 144,200 tonnes, 6.12% higher than the same period in 2020. Revenues also increased 4.1% during the period, reaching $332.2 million.

Ricardo Santin, president of ABPA, the Brazilian Animal Protein Association provided context: “The international scenario remains highly demanding for Brazilian pork. This, however, has not affected the internal offer of these products, which adjusted.”

“In addition to the high demand of Asian markets, this month we had a considerable increase in sales within South America, with a positive balance in practically all destinations in the region,” said Luis Rua, director of markets for ABPA.

China has emerged as the main market for Brazilian pork. It imported 41,600 tonnes in February, a 34% increase on the same period in 2020. Export figures also showed dramatic increases from Brazil’s South American neighbors, Chile, 4,500 tonnes (+73.5%), Argentina, 2,000 tonnes (+15%).

Read the full analysis in Merco Press.