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Brazilian Beef Exports Soar

03 December 2013

Brazilian beef exports to the end of November had risen to $6.013 billion, up 14.5 per cent from the same period in 2012.

The sales volume was 1.36 million tonnes, up 20.1 per cent using the same basis of comparison.

According to figures released by the Brazilian Ministry of Development, Industry and Foreign Trade at the end of last week, beef exports have been an all-time high, exceeding foreign sales in all of 2012, which amounted to $ 5.74 billion and 1.24 million tonnes.

Up until 2 November, the main importing countries for Brazilian beef were Hong Kong, which accounted for 21.8 per cent of total sales, Russia (18.66 per cent), Venezuela (11.95 per cent), Egypt (7.52 per cent) and Chile (6.1 per cent).

These countries answered to a combined 66 per cent of total beef exports from Brazil. Since 2000, the number of countries that import beef from Brazil has risen from 106 to 142.

Some of the targets which either began importing or increased their imports were Moldavia, the United Arab Emirates, Jordan, Angola, Russia, Ukraine, Libya and Kazakhstan, among others.

According to a press release issued by the Brazilian Ministry of Development, Industry and Foreign Trade, the minister Fernando Pimentel has said that despite being the world’s leading beef exporting country, Brazil keeps seeking out new markets.

São Paulo is the leading beef exporting state in Brazil, having shipped US$ 1.9 billion abroad since January, i.e. 32.1 per cent of total exports from the country. Next come the states of Mato Grosso (17.4 per cent), Goiás (13.7 per cent), Mato Grosso do Sul (9.8 per cent) and Rondônia (8.7 per cent).

In addition to the beef industry, agricultural cooperatives have also seen record-high export revenues year-to-date.

According to the ministry, the sector exported the equivalent of $ 5.344 billion year-to-date up to 28 November, up 2.7 per cent from the same period in 2012.

According to information released on Thursday by the ministry, cooperatives’ imports were up 10 per cent to $ 332.1 million. The result is a $ 5.012 billion surplus so far this year.

The main items shipped by agricultural cooperatives are refined sugar, which accounted for 17.1 per cent of total exports, soybean (13.7 per cent), poultry (11.9 per cent), soya bran (11.6 per cent), ethanol, (10.3 per cent) and coffee beans (9.9 per cent).

The main target countries for cooperatives are China, the United States, the United Arab Emirates, the Netherlands and Germany.

TheCattleSite News Desk

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