Brazil’s Chicken Exports Grow 56%, But Weak Dollar Means Less Profit

    Brazil chicken farm

    Brazil chicken farm Chicken meat exports from Brazil totaled US$ 2.7 billion from January to May, representing growth of 56% compared with the same period last year. Shipments totaled 1.5 million tons, increase of 18% using the same basis for comparison. The figures were disclosed by the Brazilian Poultry Exporters Association (Abef).

    Despite the positive results, Abef informed that the sector's profit margins have been decreasing in the last months, due to the appreciation of the Brazilian real against the US dollar, and to the steep increase in the cost of corn, one of the main inputs for the poultry industry.

    In the first five months this year, the leading market for Brazilian chicken meat was the Middle East, with 469,000 tons shipped, growth of 18% compared with the same period last year.

    Revenues totaled US$ 803 million, growth of 65% over the same period of 2007. The second largest destination was the European Union (EU), with imports of 233,000 tons and revenues of US$ 628 million.

    Exports to South American countries totaled 112,000 between January and May, growth of 80%. Sales stood at US$ 178 million, growth of 145%.

    Shipments to Africa totaled 104,000 tons, representing growth of 13%, and revenues stood at US$ 99 million, growth of 31%. Last were Asian countries, with exports of 375,000 tons and US$ 678 million.

    Anba

    Tags:

    • Show Comments (0)

    Your email address will not be published.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

    Brazilian Industry Blames High Interests for Slow Growth

    Moderate industrial sector growth in the second half is what Brazil can expect, says ...

    Brazilian Helio Alves

    Helio Alves: The Wizard of the Brazilian Keys

    Helio Alves is not the kind of pianist that you can pigeonhole into any ...

    Snow in Brazil for Talks on Stimulating Brazil-US Growth

    The 4th Meeting of the Brazil-United States Growth Group will take place today in ...

    Brazil's GDP

    Brazil to Grow 3.1% This Year, Say Financial Analysts

    Brazil’s Central Bank financial market analysts have maintained at 3.1% the estimated growth this ...

    Brazil’s Company Big Plans to Push Its Coffee into the US, EU and Asia

    B&D Food Corporation, a company that manufactures coffee products such as roasted ground, and ...

    Brazilian Capoeira

    Artists, Musicians and Chefs Give Washington DC a Monthful of Brazil

    Brazil Moves, a month long celebration of Brazilian life, arts, food and culture is ...

    For Brazilian Professor, New Torture Law in the US Is Old News

    The Military Commissions Act of 2006 signed into law by President, George W. Bush, ...

    Brazil’s Timber Blocked by Greenpeace in Portugal

    The cargo ship Skyman had nearly made its delivery of more than a quarter ...

    RAPIDINHAS

    It’s important to note that by and large, Brazilians weren’t exactly enthralled by their ...

    Brazil to Launch Campaign to Curb Violence Against Women

    Brazil’s federal government plans to develop an awareness campaign on violence against elderly women. ...