 Home > Food News > Food Articles > Brazil exported US$633 million of beef to China in August, a substantial increase of 94.7% year-on-year

Brazil exported US$633 million of beef to China in August, a substantial increase of 94.7% year-on-year

 Last Update: 2021-10-09
 Source: Internet
 Author: User

Tags

global water technologies

new china covington

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

The Brazilian Federal Government website reported on September 15
.
By international commodity price increases driven, Pakistan in August of agricultural export volume hit a new high over the same period, reaching $ 10.
9 billion, an increase of 26.
7%, the last time exceeded $ 10 billion in August, also dating back to 2013
.
Despite the record export value, the share of agriculture in Pakistan’s exports fell from 49.
4% last year to 40.
1%
.
In terms of imports, affected by the high international market prices of agricultural products such as wheat and palm oil (average import prices increased by 23.
1% and 67.
6% year-on-year respectively), Pakistan’s imports in August reached US$1.
25 billion, an increase of 37.
2% from US$910 million in the same period last year.
As a result, Pakistan's agricultural trade has achieved a surplus of 9.
64 billion U.
S.
dollars
.

　　Soybeans
.
As Brazil's main export agricultural products, the export value of Brazilian soybeans and their derivatives (soybeans, soybean meal and soybean oil) in August reached US$4.
02 billion, a significant increase of 53.
6% year-on-year
.
Among them, thanks to the increase in export volume and rising international prices, soybean exports have grown strongly.
The export value in August was US$3.
14 billion, a year-on-year increase of 52.
5%; According to the analysis by the Secretariat of Trade and International Relations (SCRI) of the Ministry of Agriculture of Pakistan, 2020/21 Brazil’s annual soybean output was 136 million tons, an increase of 8.
9% year-on-year, which helped to increase export capacity
.

　　Forestry products
.
In August, the export value of Pakistani forestry products reached US$1.
25 billion, a year-on-year increase of 40.
5%, becoming one of the agricultural sectors that exceeded the US$1 billion mark.
Among them, the export of pulp was the most prominent, with the export value reaching US$610 million, and the export volume was the same period in history.
It reached a new high of 1.
35 million tons, a year-on-year increase of 47.
2% and 6.
9% respectively
.

　　Meat
.
The secretariat report showed that Brazil’s meat exports in August reached US$2.
09 billion, a year-on-year increase of 40.
5%, a record high in the same period since 1997.
The export volume and average export price increased by 4.
2% and 34.
8% year-on-year, respectively.
It is related to factors such as global market supply and demand conditions and production costs
.

　　In terms of beef , the slaughter volume of cattle in Argentina, Australia and Brazil is expected to decline.
Global beef production is expected to be 60.
8 million tons, down 1.
1% year-on-year, which will put tremendous pressure on international market prices
.
In August, the export value of Brazilian beef was US$1.
17 billion, an increase of 55.
6% year-on-year, while the export volume and average price increased by 10.
1% and 41.
3% year-on-year respectively
.
The researcher also pointed out that China's demand for Brazilian beef purchases continues to be strong.
In August, Brazilian beef exports to China reached 633 million U.
S.
dollars, an increase of 94.
7% compared with 325 million U.
S.
dollars in the same period last year, and the export volume was 105.
86 million tons, a year-on-year increase of 35.
3%.

.

　　In terms of chicken meat, the export value of Pakistani chicken meat in August was 663 million US dollars, a year-on-year increase of 35.
2%.
The export volume and average export price increased by 3.
8% and 30.
3% respectively
.

Brazil prices agricultural exports traceability

beef

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.