• Categories
  • Archives

Beef Exports Have Already Brought Brazil Over US$ 2 Billion This Year

Brazil beef From January to May Brazil has exported US$ 2.06 billion in beef, representing growth of 10.4% over the same period last year. A total of 920,860 tons were shipped, decrease of 20.27% using the same basis for comparison. The figures were disclosed yesterday this Tuesday, June 10, by the Brazilian Beef Industry and Exporters Association (Abiec).

According to Abiec's new president, Roberto Giannetti da Fonseca, who assumed the position a week ago, for the first time in the sector's history, revenues from beef exports surpassed US$ 2 billion in the period ranging from January to May.

"We have lost quantity, but gained value," he claimed.

According to the president, the main causes for the decrease in volume were the European embargo on Brazilian beef and the increase in the product's prices, which led to a reduction in demand.

"Our cattle supply has decreased, 15 kilograms of beef are now worth from 80 to 90 reais (approximately US$ 49 to US$ 55), whereas last year it was worth 55 reais (US$ 33)," he claimed.

Brazilian beef is already exported to 150 different countries, and the Abiec is working to open up new markets and diversify the product in emerging countries. "We are leaders in the global market," stated Giannetti. According to him, for every three kilograms of beef exported worldwide, one kilogram comes from Brazil.

The leading market for Brazilian raw beef from January to May was Russia, which imported 243,450 tons, resulting in revenues of US$ 570.62 million. Next comes Venezuela, with revenues of US$ 112.88 million and a volume of 47,750 tons.

Third in the ranking is Hong Kong, which imported US$ 100 million and 46,410 tons. The 15 leading importer countries of the Brazilian product also include Arab nations, such as Egypt, Saudi Arabia, Algeria, Libya, United Arab Emirates and Lebanon.

In May, foreign beef sales totaled US$ 478 million, representing growth of 7.7% in comparison with the same month last year. Shipments totalled 197,520, decrease of 25.75% using the same basis for comparison.

Da Fonseca, born in the city of Belo Horizonte, capital of the state of Minas Gerais, in the Southeast of Brazil, assumed the presidency of Abiec, replacing the former minister of Agriculture, Marcus Viní­cius Pratini de Moraes.

He holds a bachelor's degree in Economy from the University of São Paulo (USP) and was the Executive Secretary at the Chamber of Foreign Commerce (Camex), an organization linked to the Presidency of the Republic, from February 2000 until June 2002.

Currently, da Fonseca is the president of the companies Ethanol Trading, Silex Trading and Brex América, headquartered in Miami. He was elected president of the Foundation Center for Studies in Foreign Trade in 2003, and foreign relations director at the Federation of Industries of the State of São Paulo (Fiesp) in 2004.

Also attending the press conference at the Abiec head office, in São Paulo, was the new executive director of the organization, Luiz Carlos de Oliveira, who graduated from the School of Veterinary Medicine at the Federal University of Uberlândia, Minas Gerais.

His last activities were consultant for the government of the State of Minas Gerais; coordinator at the Technical Chamber for the Beef Cattle Breeding Sector, of the State Council for Agriculture (Cepa-Minas Gerais) and director of the Department of Sanitary and Phytosanitary Negotiation of the Secretariat for Foreign Relations in Agribusiness at the Brazilian Ministry of Agriculture, Livestock and Supply.

Anba

Tags:

  • Show Comments (1)

  • ch.c.

    “”We have lost quantity, but gained value,” he claimed. ” DEAD WRONG
    You gained value ONLY when measured in a currency that depreciated 2 times what you gained in value….in the devalued currency !

    NET RESULTS ? EXPORTS VALUE…… DOWN…… AROUND 10 % WHEN MEASURED IN BRAZILIAN CURRENCY !!!!!!!

    Ohhhhhh….if you effectively want a gigantic gain in value….Brazil may as well measure its exports using the Zimbabwe dollar !

    LAUGH….LAUGH….LAUGH….LAUGH to the brazilians junkies.

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil Teaches the US One or Two Things on Electronic Election

The president of Brazil’s Federal Electoral Court (TSE), Minister Carlos Velloso, the secretary of ...

After 24 Years of Wait for Court Decision, Brazilian Indians Invade Land

Two groups of Indian Pataxó Hã-Hã-Hãe families reoccupied four farms in the municipality of ...

How Brazil Can Profit from US$ 80 Billion-Rich Islamic Bonds

Papers of companies and governments issued according to Islamic financial systems – the Sukuk ...

Ties with Venezuela Will Bring More Freedom, Says Brazil’s Lula

Brazilian President Luiz Inácio Lula da Silva declared, today, in Caracas, Venezuela, that South ...

Press Association of Americas Wants Journalist’s Killer Brought to Justice

Newspaper readers throughout the Americas are being urged by the  Inter American Press Association ...

Brazil to Monitor Palestine Elections

The presidential election in the occupied Palestine territories, set for January 9, 2005, will ...

Brazilian President Gets to Meet Obama for Third Time

American president Barack Obama wishes to meet with his peers from UNASUR, the Union ...

Lula Is Supposed to Defend Brazil. Instead He’s Been on Bolivia’s Side

Brazil’s president came under fire from critics who say he caved into pressure from ...

Brazil Shoes Get Sustainable Seal to Win Foreign Markets

Brazilian shoe and input companies in the sector aim to win international markets with ...

New Brazilian President Offers Allied Party Five Posts in Her Cabinet

Dilma Rousseff, Brazil’s president-elect, has nominated five cabinet members from the Party of Brazilian ...