SAO PAULO, Apr 10 (Reuters): Brazil exported 203,490 tonnes of beef in March, a 28 per cent increase year-on-year and a new record for the month, industry group Abrafrigo said on Friday.
Revenue from the sales rose 57 per cent in the period to $1.12 billion, another historical high for March, the group said, citing data from the federal government.
"Besides the growth in exports, the average prices of the product rose to $5,319 per tonne from $4,415 last year considering the first three months of the year," Abrafrigo said in a statement.
The March performance was behind only those seen in September and August 2021.
In the first quarter of 2022, beef exports totaled 545,751 tonnes, 33 per cent more than in the same period of 2021. Revenue reached $2.9 billion, a 60 per cent increase.
China continues to lead imports, bringing in a total 188,236 tonnes in the quarter, up 30.6 per cent from a year ago.
"When the sales to Hong Kong are also considered, beef exports to China in the first quarter totaled 275,300 tonnes and $1.66 billion, a share of 50.45 per cent and 57.11 per cent of the total volume and revenue, respectively."
The United States was the biggest importer after China with 69,799 tonnes (+395 per cent), followed by Egypt with 47,706 tonnes (+262 per cent).
