China raises imports of Brazilian meat by 126%

Posted by Marina

China increased Brazilian beef imports by 126% in January, according to information released by the Brazilian Association of Meat Exporting Industries (Abiec). The data indicated that Brazilian beef exports rose 9.8% in January compared to the same month last year.

“Brazil exported a total of 135.4 thousand tons of the product last month, of which 53.2 thousand tons were shipped to China. Revenues from Brazil with total beef exports last month totaled US $ 633.25 million, an increase of 37.9% in relation to the same month of the previous year ", explains the specialized portal of CarneTec Brasil.

In addition, the data also indicated that shipments to China alone totaled US $ 322.8 million in revenue, an increase of 200% year on year. "The growth in the flow of Brazilian proteins to China has been boosted since last year by the cases of African swine fever that affect the country and reduce the local production of pork", completes the portal.

The president of Abiec, Antônio Jorge Camardelli, said in a note that the result of exports in January is positive and "is in line with our growth estimates for this year". “The association estimated in December that beef exports should increase by 13% in volume in 2020, reaching 2.07 million tons. Brazilian beef exports were already a record in 2019, reaching 1.85 million tonnes and revenues of US $ 7.59 billion ”, concludes the specialized portal of CarneTec Brasil.

Source: Agrolink