Beef exports closed 2019 with records in volume and revenue

Driven by Chinese demand, Brazilian beef exports ended 2019 with a record in volume and revenue. Shipped volumes reach 1.847 million tonnes and revenues of USD 7.59 billion. The figures represented a 12.4% and 15.5% growth, respectively, compared to 2018, exceeding the forecasts made and consolidating the pace of growth of Brazilian sales. The good results obtained in 2019 are directly related to the increase of sales in consolidated markets, like China, United Arab Emirates and Russia, which shows not only the acknowledgement of the quality of Brazilian beef but also the trust in the national production standards. “The numbers show how much the Brazilian beef is well received and competitive overseas”, says Abiec’s President, Mr. Antonio Jorge Camardelli.

MAIN IMPORTERS

The positive results were mainly driven by the growth in Chinese demand, which in 2019 was consolidated as the main destination of Brazilian beef, accounting for 26.7% of the total exported by the country. In 2019, exports to China totaled 494,078 tonnes, 53.2% increase compared to 2018. In revenue, there was an 80% growth, with a total of USD 2.67 billion.

SUMMARY OF BEEF EXPORTS IN 2019
• REVENUE: US$ 7,593,932
• TOTAL TONNES: 1,847,519
• MAIN IMPORTERS: CHINA, HONG KONG, EUROPEAN UNION AND EGYPT

ABOUT ABIEC Created in 1979, the Brazilian Beef Exporters Association (ABIEC) brings together 32 companies of the sector in Brazil, responsible for 92% of the meat traded for international markets. Its creation was a response to the need for a more active role in the beef export segment in Brazil, by defending the interests of the sector, increasing efforts to reduce trade barriers and promote domestic products. Currently, Brazil produces around 10 million tonnes of beef, approximately 20.8% are traded to dozens of countries around the world, following the most stringent quality standards. In the last decade, the country has registered a 135% growth in its exports.

Source: http://www.brazilianbeef.org.br/download/Beef%20exports%20closed%202019_Eng-US.pdf