Weak Dollar and Avian Flu Harm Brazilian Chicken Exports

Chicken exports from Brazil amounted to US$ 335.21 million in November, an increase of 16.42% compared to the same month last year. The amount of chicken meat shipped was 283,810 tons, a 37.38% increase over November 2005.

The data were published yesterday, December 18, by the Brazilian Poultry Exporters Association (Abef).

From January until November this year, Brazil shipped 2.47 million tons of chicken meat abroad, a 4.8% decrease in comparison with the same period last year. Exports yielded US$ 2.9 billion, 7.7% less than in the first eleven months of 2005.

This decrease in exports is partly due to a retreat in major consuming markets in Europe and Asia early this year, after cases of avian flu occurred in countries on these two continents. Another reason was the appreciation of the real (the Brazilian currency) against the dollar.

According to projections by Abef, 2006 should end with 2.62 million tons in exports, which will be a 7.9% decrease compared with 2005. The revenue should be US$ 3.06 billion, a 12.7% reduction against last year. For 2007, the Abef estimates point to an exports growth of 6.9% in volume and 7.7% in revenue.

The largest market for Brazilian chicken meat regarding volume was the Middle East, which imported 669,230 tons, a 13.7% decrease compared to January until November 2005. Exports amounted to US$ 720.1 million, a 16.38% reduction in the same comparison.

The main market in terms of revenue was Europe, with imports standing at US$ 807.39 million, a 10.65% reduction in comparison with January-November 2005. Exports amounted to 498,000 tons, which represents a 17% decrease. South American, African and Asian countries are also in the list of Brazilian chicken meat buyers.

Anba

Tags:

Ads

You May Also Like

Mercosur flag

Brazil and Neighbors Open Mercosur Parliament for Business

Brazil's Speaker of the House, Arlindo Chinaglia, and the President of the Senate, Renan ...

Japan Ships Back to Brazil Over 300,000 Dekaseguis

Japan is planning to combat unemployment by sending back to their countries of origin ...

Brazil Kicks Off Whole Week of Independence Day Celebrations

Brazilian Independence Day is September 7, and the date is always commemorated as part ...

Brazilians Pay World’s Highest Interest Rates

In many instances Brazilian citizens pay the highest interest rates in the world. According ...

Embargo and All, Brazilian Honey Exports Break Records

Despite the European embargo against Brazilian honey, which was put in place in March ...

CFIF Wants U.S. to Stop Brazil from ‘Stealing US Patents’

While the U.S. Trade Representative’s Office this week announced a new initiative to end ...

Brazilian Officials and Exporters Discuss Red Tape and Other Nuisances

Brazil promotes today and tomorrow, November 22 and 23, the 27th National Foreign Trade ...

Brazil Expecting 9.4% Growth in Energy Consumption in 2010

Brazil’s consumption of electric energy in 2010 should rise 9.4% over 2009. The figures, ...

Brazil Vows Better Pay for Teachers

The Brazilian government will invest more resources on education. According to the Minister of ...

A bus line in São Paulo, Brazil

Blackouts Are All Over Brazil, But No One Sees Them Unless They Touch the Rich

Every day, from morning to night, millions of Brazilians wait for public transit for ...