Brazilian Chicken Exports to Middle East Grow 69% to Close to US$ 1 Billion

Chicken from Brazil According to figures disclosed July 14 by the Brazilian Poultry Exporters Association (Abef), the Middle East remains the leading foreign market for Brazilian chicken. The region led the ranking of buyers from Brazil in the first half, both in terms of volume and revenues.

A total of 559,000 tons of chicken meat were shipped to the Middle Eastern market from January to June, growth of 21% over the same period in 2007. Revenues grew at an even greater rate (69%) and reached US$ 969 million in the first six months this year.

In total, Brazil exported 1.8 million tons in the half, 19% more than in the period from January to June 2007. The shipments generated US$ 3.4 billion, an increase of 58% over the first six months of last year.

The Abef believes that the performance in the second half of the year should remain positive. However, according to the organization, the sector profitability is being reduced due to the appreciation of the Brazilian real against the dollar and to the higher price of inputs used in the activity.

Asia was the second main destination for Brazilian chicken in the first half. Sales to the region generated US$ 850 million, growth of 61% over the same period in 2007. Shipments totaled 454,000 tons, an increase of 61%.

The European Union was the third main buyer, with imports of US$ 764 million, 32% more than in the first half of last year. Trade totaled 283,000 tons, growth of 4%.

The other countries in South America are in the fourth position with purchases of US$ 242 million, an increase of 155% over the first six months of 2007. Exports totaled 151,000 tons, growth of 88%.

Africa comes in the fifth position. The countries of the continent imported 127,000 tons, 12% more than in the period from January to June last year. Revenues reached US$ 125 million, an increase of 29%.

The sixth main market was Russia. Shipments to that country totaled 87,000 tons, 2% less than in the same period in 2007. Exports generated US$ 169 million, growth of 46%.

In terms of values, chicken cuts were the products most exported in the half (US$ 1.8 billion), followed by whole chickens (US$ 1 billion), salted chicken (US$ 336 million) and processed chicken (US$ 249 million).

Anba

Tags:

You May Also Like

Getting Ready for the Olympics Hundreds of Police Agents Take Back 9 Slums in Rio

In an flash operation on Sunday, the Rio do Janeiro police, in Brazil, with ...

We Are the MST, It’s Our Duty to Keep Fighting for Land and Dignity in Brazil

Regarding the latest reports that have reverberated in the media, the MST (Movimento Sem ...

While Rio’s Maracanã Gets Facelift for World Cup São Paulo Gets Axed by FIFA

Rio’s Maracanã soccer stadium will be closed for the next two years as it ...

Brazil Grows Close to 10% in 10 Years to 186 Million

Besides being the largest country in territory in Latin America Brazil also has the ...

Bombarded by Angry Brazilians Cicarelli Says She Can’t Be Blamed for YouTube Ban

After Brazil's MTV was inundated by over 20,000 emails from angry viewers threatening a ...

After 7.5% Growth, Brazil’s Per Capita Income Reaches US$ 11,500

In Brazil, per capita income rose 6.5% last year, reaching 19,016 reais (US$ 11,490) ...

UN Rapporteur Touched by Favela Experience in Brazil

The Maré shantytown complex in the northern zone of Rio de Janeiro, with 60% ...

Money Changer Says Brazil’s Ruling PT Had International Money Laundering Scheme

Brazilian money changer, Antônio Oliveira Claramunt, aka Toninho da Barcelona (Little Tony from Barcelona, ...

Cars Lead Brazil’s 8.3% Annual Growth

The Brazilian industrial production increased 8.3% in 2004 in comparison to 2003. This was ...