September 13, 2024

Brazil's chicken meat exports expected to rise by 4% this year

According to recent forecasts, Brazil is expected to maintain its status as the world's largest exporter of chicken meat, with 2024 exports projected to reach 4.97 million metric tons, marking a 4% increase from 2023.

The country's poultry exports are set to represent 33% of its total production. The production of chicken meat is anticipated to hit a record high of 15.1 million metric tons this year, reflecting a 1% increase from the previous year. This growth is driven by strong external demand, favorable socio-economic conditions, and improved production costs.

The robust export performance is attributed to the devaluation of the local currency, which makes Brazilian poultry more competitive on the international stage.

Last year, Brazil exported a record 4.85 million metric tons of chicken meat, valued at $9.17 billion.

- aviNews