Brazil pork exports rise 11% in 2021 to annual record

Brazilian pork exports rose 11% by volume in 2021 to an annual record, industry group ABPA reported on Thursday, offsetting the impact of higher costs with stronger demand in foreign markets, including top destination China.

 

Carolina Pulice, Reuters

via Nasdaq - Jan 6, 2022

 

Jan 6 (Reuters) - Brazilian pork exports rose 11% by volume in 2021 to an annual record, industry group ABPA reported on Thursday, offsetting the impact of higher costs with stronger demand in foreign markets, including top destination China.

 

Brazil exported 1.13 million tonnes of pork last year, ABPA said, topping a previous record of 1.02 million tonnes in 2020. Revenue from the exports rose 16% to $2.641 billion last year.

 

In December alone, export volumes rose 7.3% from the same month of 2020 to 89,700, worth $191.5 million.

 

China accounted for about half of Brazil's exports...

 

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