Brazil achieves record results for its beef exports in 2018
Brazil exported 1.64 million tonnes of beef in 2018, increasing by 11% in terms of volume compared to the previous year. Shipments also rose in terms of value, reaching $6.67 billion, up 7.9% compared to 2017.
"The all-time high consolidates the country's position as the world's leading exporter of the product because it’s the largest volume ever exported among all exporting countries," ABIEC said in a statement.
The best results of this year were recorded in the second half of the year, and September being the highlight, with shipments totaling 178 thousand tonnes and revenues of US$ 700 million. The result represents a 31.75% increase in volume and 25.86% in revenue compared to the same period last year.
Brazil's main importers of beef were Hong Kong and China. In volume, Hong Kong was the main destination, representing 24% of the total shipped by Brazil, almost 395,000 tonnes. On the other hand, China was the main destination in terms of revenue, representing 22.63% of the total, with $1.49 billion.
Other featured markets are: The European Union, Chile and the United Arab Emirates, with an increase both in volume and in revenue of the accumulated in 2018 compared to the same period of 2017.
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