Thanks to Russia and US Brazil’s Beef Exports Grow 39%

Brazzil Magazine covers

Brazil's bovine meat Brazilian exports of bovine meat yielded US$ 443 million in May, a new monthly record high according to information disclosed this Tuesday, June 12, by the Brazilian Beef Industry and Exporters Association (Abiec). The value amount is 28% higher than recorded in the same month last week. Shipments totaled 266,000 tons, a 28.6% increase compared with May 2006.

During the first five months of 2007, foreign sales reached US$ 1.8 billion, a 39.4% increase over the same period last year. In total, 1.1 million tons were shipped form January until May, 33.4% more than in the first five months of 2006.

According to a press release by Abiec, the president of the organization, Marcus Vinicius Pratini de Moraes, ascribed the growth in May to the increased cattle supply, the increased sales to emerging markets, the increased supply of special cuts, which have greater value, and to the increase in the price of shipped offal.

Russia continues to be the main market for the raw commodity. In the case of industrialized meat, the largest buyers are the United States and Great Britain. Egypt remains as the second largest importer of raw Brazilian meat, with US$ 35 million in imports in May, and US$ 153 million in the accumulated result for the year.

"For some time now exporters have been selling special cuts, elaborate products for more demanding markets. The consequence is that we have started winning the price championship, as we have been the leaders in terms of volume since 2003," stated Pratini de Moraes, recently.

One of the main marketing activities developed by the Brazilian beef sector are promotional barbecues in buyer countries. The Arab world, for example, has been a constant target for this program. This year, such events have already been organized in Dubai, in the United Arab Emirates and in Rome, Italy, among other places.

According to the Abiec, to each barbecue, a total of 200 guests are invited, among journalists, importers and government representatives.

Anba

Tags:

You May Also Like

Brazzil Magazine covers

TAM’s Jets Back in Brazil from Middle East Will Fly to NY and London

Brazilian Airline TAM will receive by October three aircraft Airbus A330 that had been ...

Brazzil Magazine covers

Brazilian Investors Go Shopping After Recent Stock Market Sell-Off

Latin American stocks were mixed, with Brazilian shares jumping on bargain hunting and tame ...

Brazzil Magazine covers

New York Bullish on Brazilian Stocks

Shares of Brazilian companies traded in the Nova York Stock Exchange (NYSE) also known ...

Brazzil Magazine covers

Boeing, Dassault and Saab on the Run to Sell Brazil 100 Fighter Jets

Brazil's Air Force has just announced this Wednesday, October 1st, that it had chosen ...

Brazzil Magazine covers

Foreign Tourists Spend US$ 1.5 Bi in Brazil While Brazilians Spend US$ 1.7 Bi Overseas

Foreign tourists spent US$ 1.5 billion from January to April this year in Brazil, ...

Brazzil Magazine covers

Brazil Selling Products Overseas For Quality and Not Low Price Alone

The participation of Arab countries as destinations for Brazilian machinery and equipment exports is ...