Brazilian pork exports jump 13.7% in May - ABPA
Philippines leads demand surge as revenue nears US$300 millionBrazilian pork exports totalled 118.7 thousand tons, a volume 13.7% higher than that recorded in the same period last year, with 104.4 thousand tons, according to a market report from the Brazilian Animal Protein Association (ABPA).
In terms of revenue, there was an increase of 29.3% in the monthly comparison, with US$ 291.1 million in May this year, compared to US$ 225.2 million in the same period last year.
In the year to date (January to May), shipments reached 584.8 thousand tons, a figure 15.4% higher than that recorded in the same period last year, with 506.6 thousand tons.
In terms of revenue, the balance achieved in the first five months of this year reached US$ 1.381 billion, a performance 29.8% higher than the previous year, with US$ 1.064 billion.
The main destination for Brazilian pork exports, the Philippines, imported 28.2 thousand tons in May, a performance 115% higher than that shipped in the same period last year. Next are China, with 11.9 thousand tons (-43%), Chile, with 10.9 thousand tons (+21%), Singapore, with 8.3 thousand tons (+7.1%) and Japan, with 8.2 thousand tons (+60%).
“The Philippines has advanced in its position as the main destination for Brazilian pork, and new markets have gained prominence in the ranking of the main importers of our product," said Ricardo Santin, president of ABPA.
"There has been a significant increase in the capillarity of the sector’s exports in the international market and the expectation is that this flow will remain high throughout this year," he added.
Santa Catarina remains Brazil's main exporter of pork, with 59.6 thousand tons exported in May this year (+8.7% compared to the same period last year), followed by Rio Grande do Sul, with 27.3 thousand tons (+15.8%), Paraná, with 19.2 thousand tons (+28.9%), Mato Grosso, with 3 thousand tons (-10.2%) and Minas Gerais, with 2.9 thousand tons (+25.1%).