Brazil Puts a Foot in Milk Export Doorway
BRAZIL - Brazilian milk exports have always shown a small and undeveloped representation of the total milk production, averaging just five per cent. However, with the recent turmoil in major exporting countries such as Australia and New Zealand, Brazilian exporters have seized the opportunity to take advantage of the left over demand.According to market analysts, Scot Consultoria, the country left the importer position – registering a deficit up to US$350 million in 2000, for example – to present a balance of more than US$40 million with the shipping, only in three months (January to March 2008). See table 1.
Year | Exports | Imports | Balance |
---|---|---|---|
2000 | 13.36 | 373.10 | -359.74 |
2001 | 25.03 | 178.60 | -153.57 |
2002 | 40.24 | 247.21 | -206.96 |
2003 | 48.51 | 112.29 | -63.78 |
2004 | 95.38 | 83.92 | 11.46 |
2005 | 130.09 | 121.19 | 8.90 |
2006 | 138.50 | 154.64 | -16.14 |
2007 | 273.25 | 150.77 | -122.48 |
2008* | 90.07 | 46.28 | 43.79 |
Source: MDIC, elaborated by Scott Consultoria * 2008 - untill March
|
The accumulated, in revenue, with exports in 2008 (more than US$90 million) is almost the whole receipt of 2004, the first year that Brazil’s exports were higher than imports.
TheCattleSite News Desk