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05/01/2018 - 18:02hs

Poultry exports see 5.7% increase

Foreign sales of chicken from Brazil reached USD 7.2 billion in 2017, with the Middle East accounting for 33.5% of that total.

São Paulo – The Brazilian Animal Protein Association (ABPA) released its 2017 poultry export numbers this Thursday (4). Foreign sales of raw and processed poultry items were up 5.7% year-on-year, to USD 7.236 billion in 2017 from USD 6.848 billion in 2016.

Export volume dropped 1.4% to 4.32 million tons, from 4,38 million tons in 2016.

Sales to the Middle East accounted for 33.51% of total revenue at USD 2.4 billion, up 2.1%. The biggest buyers were Saudi Arabia (USD 1 billion), the UAE (USD 517 million), Iraq (USD 192 million) and Kuwait (USD 190 million). Qatar, Oman, Yemen and Jordan also imported poultry products from Brazil.

In December alone, total export revenue for Brazil dropped 8.6% to USD 523.8 million. Shipped volume reached approximately 321,500 tons, down 11.2% year-on-year.

ABPA executive president Francisco Turra said key factors driving Brazil’s performance were the facts that Brazil is avian flu-free, that it sustains good diplomatic ties with international markets and that once again it has proved the quality of its product to the world.

“The results are in line with the ABPA’s forecasts for the year, with improved revenue performance despite a marginal drop in shipped volumes. International markets remain under pressure, which leads to better product pricing,” an ABPA press release quoted Turra as saying.

*Translated by Gabriel Pomerancblum

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