November 11, 2004
Brazilian Chicken Exports Soar 47%
Brazil's January to October chicken exports surged 47% to $1.145 billion, compared with the same period last year, according to the Brazilian Chicken Exporters and Producers Association (Abef).
2.03 million tons were shipped January to October, increasing 26% on the same period in 2003.
"The performance to October indicates that 2004 chicken exports will generate a revenue of around $2.5 billion from 2.4 million tons shipped. The figure is up 25% in volume, and 40% in revenue compared with last year," stated Abef director Claudio Martins.
Martins said that Abef celebrated chicken exports surpassing the $1 billion mark in 2001 for the first time ever.
Brazil shipped 219,329 tons of chicken in October, receiving $217.8 million in revenue. The figures increased 44% and 39.4% respectively on October 2003.
Martins added that forecasts for a new year tend to be made in January. But the good performance of 2004 indicates that exports should rise 8% to 10% in 2005.