China buys significantly more Brazilian pork

Figures from the Brazilian Ministry of Foreign Trade show that exports increased by 151,6% in the first quarter to approximately 40.000 tons. In the same period, exporters in the European Union (EU) and the United States (US) recorded significant losses.

For example, the EU shipped 2 tonnes (-243.621%) in the first 10 months of this year compared to the same period last year. The underlying value lost €67 million to €339 million, according to Eurostat figures. The American pig sector also realized a significant loss, both in value and volume. It should be noted that Brazilian export volumes are still in stark contrast to those of the EU and the US.

Rise continues
The reason why Brazil has a more dominant presence is because Russia has set the border for Brazilian pork since the end of 2017 locked has thrown. Since the Russian boycotts on European pork (2014), Brazil has emerged there to the largest exporter. Brazil is now trying to sell those volumes elsewhere. Given that sales in China are strong, there is no lack of success.

Francisco Turra, president of the Animal Protein Association in Brazil, expects export volumes in China to increase further in the coming quarters. This is because China has launched an import tax on pork from the US. On balance, it is expected that the significant loss in Russia can be kept to a minimum, due to growing sales in China. For the time being, the Russian import ban is still clearly noticeable. On balance, exports fell by 13,4% to 179.000 tonnes.