Agribusiness: Beef exports grew 16% until October

Brazilian exports of bovine meat totaled US$ 3.7 billion from January to October, representing a 16% increase in comparison with the same period of last year. Shipments totaled 2.17 million tones, an expansion of 10.5% over the first ten months of 2006. The data were disclosed 13th November by the Brazilian Beef Industry and Exporters Association (Abiec).
According to the Abiec, in the last two years, Brazilian slaughterhouses, which already were the world's leading exporters in terms of volume, started directing their more expensive products, namely those of special cuts, to more demanding markets.
The leading market for Brazilian raw meat from January to October was Russia, which imported 531,000 tones, generating revenues of US$ 735 million. Egypt is second at revenues of US$ 306 million and a shipped volume of 239,000 tones. Third in the ranking are the Netherlands, which imported US$ 275 million and 66,000 tones.
The ten leading buyers of the Brazilian product also include Algeria, with imports of US$ 87 million and a shipped volume of 65,000 tones, and Saudi Arabia, at US$ 79.5 million and 53,000 tones shipped.
In October, foreign bovine meat sales totaled US$ 410 million, representing an increase of 4.6% in comparison with the same month of last year. Shipments totaled 221,000 tones, a 4.5% decrease using the same basis for comparison.
For more information click here and read the article in ANBA website