Exports to the Latin American country grew 420% between January and June this year, from 3,100 to 16.1 thousand tons; China maintained the lead, with 134.4 thousand tons
The surpassed them and became the second largest importer of Brazilian, behind only China. The change occurs amid the drop in sales to the US market after the imposition of additional tariffs by the Donald Trump government. According to data from the Ministry of Development, Industry, Commerce and Services (MDIC), exports to Mexico grew 420% between January and June this year, from 3.1 thousand to 16.1 thousand tons. In values, the jump was $ 15.5 million to US $ 89.3 million.
Only between July 1st and 28th, the Latin American country imported US $ 69 million in Brazilian meat, slightly above US $ 68.7 million bought by the United States in the same period. The largest destination of Brazilian meat, maintained its position with 134.4 thousand tons imported in June, equivalent to US $ 739.9 million. Between July 1 and 28, the volume bought was 132 thousand tons, totaling US $ 732 million.
The tendency of market diversification occurs amid the retraction of the US market. In April, the US imported 44,100 tons of Brazilian meat, spending $ 229 million. In June, the volume fell to 13.4 thousand tons and $ 75.3 million. The fall was 67%. The Brazilian Association of Meat Exporting Industries (ABIEC) states that about 30,000 tons ready to board the US have been retained since the announcement of the additional 50%tariff, one of the few that were not exempt from Trump’s announced measure.
Another country that has expanded its purchases is Chile, which went from $ 45 million in imports in January to over $ 66.5 million in July. In general terms, Brazilian beef exports reached 241,000 tons in June, moving US $ 1.3 billion. In July, with still preliminary data, the sector had already registered $ 1.352 billion in sales by the 28th, the best monthly result of the decade.
With the 50% rate of starting on August 6, the expectation is that commercial flow will focus even more on alternative markets, while the Brazilian government tries to reverse the decision with US authorities and companies.
Posted by Felipe Dantas
*Report produced with the aid of AI
