Beef exports surpass US$ 2 billion

São Paulo – Brazilian beef exports totaled US$ 2.06 billion from January to May, representing growth of 10.4% over the same period last year. A total of 920,860 tonnes were shipped, decrease of 20.27% using the same basis for comparison. The figures were disclosed yesterday (10th) by the Brazilian Beef Industry and Exporters Association (Abiec).
According to the new president at Abiec, Roberto Giannetti da Fonseca, who assumed the position a week ago, for the first time in the sector's history, revenues from beef exports surpassed US$ 2 billion in the period ranging from January to May. "We have lost quantity, but gained value," he claimed. According to the president, the main causes for the decrease in volume were the European embargo on Brazilian beef and the increase in the product's prices, which led to a reduction in demand. "Our cattle supply has decreased, 15 kilograms of beef are now worth from 80 to 90 reals (approximately US$ 49 to 55), whereas last year it was worth 55 reals (US$ 33)," he claimed.
Brazilian beef is already exported to 150 different countries, and the Abiec is working to open up new markets and diversify the product in emerging countries. "We are leaders in the global market," stated Giannetti. According to him, for every three kilograms of beef exported worldwide, one kilogram comes from Brazil.
The leading market for Brazilian raw beef from January to May was Russia, which imported 243,450 tonnes, resulting in revenues of US$ 570.62 million. Next comes Venezuela, with revenues of US$ 112.88 million and a volume of 47,750 tonnes. Third in the ranking is Hong Kong, which imported US$ 100 million and 46,410 tonnes.
In May, foreign beef sales totalled US$ 478 million, representing growth of 7.7% in comparison with the same month last year. Shipments totalled 197,520, decrease of 25.75% using the same basis for comparison.
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