São Paulo (Reuters) – Brazilian pork exports totaled 144 thousand tons in October, the second highest monthly result in the history of the sector, with an increase of 10.1% over the total for the same period last year, reported the Brazilian Animal Protein Association (ABPA).
The volume exported by Brazil, the world’s fourth largest exporter, was only below the record recorded in September, when shipments totaled more than 150 thousand tons.
The increase in exports in October was mainly driven by demand from the Philippines, which offset a drop seen in China.
The Filipinos imported 46,300 tons of pork in October, a volume 21% higher than that recorded in the same period last year. Next is Japan, with 10.7 thousand tons (+5.9%), Mexico, with 10.05 thousand tons (+27.1%), China, with 10.03 thousand tons (-47.6%), Hong Kong, with 8.4 thousand tons (-1.3%), Chile, with 7.8 thousand tons (-17.8%), among others, according to ABPA figures.
“We have seen a strong increase in the capillarity of pork exports, with important world markets gaining more representation among the destinations of Brazilian shipments, such as Japan and Mexico”, said the president of ABPA, Ricardo Santin, in a statement.
“The results achieved so far consolidate the growth projection outlined by the sector for the year 2025, with positive perspectives that should continue until next year”, he added.
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Considering all products, including fresh and processed, revenue reached US$343.6 million in October, also the second best performance, with an increase of 9.7% in the same comparison.
In the year to October, Brazilian pork exports totaled 1.266 million tons, an increase of 12.9%. In revenue, the accumulated increase reaches 22.7%, with US$3.046 billion, said ABPA.
