Middle East and Asia Lead Brazil to New Record in Chicken Exports

Chicken born and raised in Brazil Once again the Middle East was the leading market for Brazilian chicken overseas. Exports totaled 1.1 million tons in 2008, representing growth of 13% in comparison with 2007. Shipments to the region totaled US$ 1.9 billion, 46% more than in the previous year. The figures were disclosed last Tuesday, January 13, by the Brazilian Poultry Exporters Association (Abef).

In total, Brazil sold 3.6 million tons of chicken to foreign countries in 2008, growth of 11% over 2007. The sector posted revenues of US$ 6.9 billion from exports, growth of 40%. According to the Abef, the annual performance was a record high, but could have been even better if the international crisis had not worsened in the second half.

After the Middle East, the region that bought the Brazilian product the most was Asia. Shipments to the continent totaled 936,000 tons last year, growth of 15% in comparison with 2007. Revenues from sales reached US$ 1.9 billion, 62% more than in the previous year. The Abef underscored the opening of the Chinese and Indian markets as one of the most positive facts for the sector in 2008.

The third leading destination was the European Union, to where 526,000 tons were shipped, representing a reduction of 6% over 2007. Revenues from sales to the region totaled US$ 1.4 billion, growth of 8% in comparison with the previous year.

The market that grew the most, and the fourth leading market in absolute terms, was South America. A total of 329,000 tons were exported by Brazil to neighboring countries, 90% more than in 2007. Sales generated revenues of US$ 557 million, growth of 157%.

To Africa, 250,000 tons were shipped, a reduction of 4.5% compared with 2007. Revenues from sales to the continent were US$ 269 million, growth of 15%. Russia, in turn, imported 159,000 tons, 18% less than in the previous year. Revenues from exports to the country totaled US$ 309 million, growth of 3.6%.

The Abef informs that there is no crisis in demand for food, but rather a liquidity crisis in some important markets. Therefore, the organization forecasts a smaller growth in export volume in 2009, of around 5%.

The association also disclosed that it will work hard to open up new markets during the year. Priorities include Mexico, Indonesia, Malaysia, Jamaica, the Philippines, Senegal and Algeria.

Anba

Tags:

You May Also Like

Brazil: 3 Days of Advancing Stocks Plus 0.75 Reduction in Interest Rates

Latin American stocks were mixed to higher, with Brazilian shares gaining on benign local ...

Brazilian Indians Want UN Declaration Applied to Them

Sixty one indigenous people from Brazil and other Latin American countries met in BrasÀ­lia ...

Alas, in Brazil, the Greener Times Seem to Be in the Past

Contradiction festers in Rio de Janeiro as international fervor surrounding June’s lackluster Rio +20 ...

U.S.A. Calendar

MONDAY 1 NEW YORK 9:00 PM – Brazil Night with Vanessa Falabella at The ...

Libya Wants to Invest Half a Billion Dollars in Brazil and South America

Libya has separated US$ 500 million for investment in business in South America and ...

Number of College Students Doubles in Brazil, But It’s Still Only 14%

The rate of Brazilian youths enrolled in universities the last 10 years has doubled, ...

Brazil Air Transportation Model Scares Investors and Keeps System Broken

As Brazil suffers with shortcomings in its airport infrastructure, the airport management business around ...

Brazil Ready to Expand Help and Cooperation with Africa

Luiz Inácio Lula da Silva, the president of Brazil, is going to propose broad ...

While Brazil Pays Lip Service to Idea Uruguay Gives Every Student a Laptop

Brazil has been talking about it for years but never delivered. The little and ...

Brazil's Landless bury their dead from the Eldorado dos Carajás massacre, in 1996

Brazil: 11 Years After Police Massacre of 19 Landless Nobody Has Been Punished

Brazilians just commemorated the 11th anniversary of the Massacre at Eldorado dos Carajás on ...