Russia Increased Meat Imports from Brazil to the Highest in Nine Years

Russia’s imports of meat from Brazil almost doubled in August

Russia’s imports of meat from Brazil almost doubled in August – to the maximum in just over nine years, according to data from the Brazilian statistical service, which was studied by RIA Novosti.

Thus, in August of this year, Brazil exported $122.5 million worth of livestock and poultry meat to Russia, which was a record value since June 2017. At that time, the supply volume was almost $133 million. The value of Brazilian exports increased 1.8 times in both annual and monthly terms.

Over the summer, $229.5 million worth of Brazilian meat arrived in the Russian Federation – 31% more than a month ago. And for January-August – by 493.7 million (+41%).

The largest share of shipments in August traditionally came from frozen cattle meat – $114.1 million, the highest since September 2014. This is 1.8 times more than in July and 1.9 times more than a year ago.

Brazil also tripled its exports of poultry meat to Russia in a month and doubled in a year – to $4.9 million. Supplies of cattle by-products amounted to 2.3 million (+45% for the month), and pork – 1.1 million (-22% for the month).

At the end of August, Russia was in 7th place among the largest buyers; a month ago it was 10th. China ($268.3 million) and the United States ($187.7 million) bought the most Brazilian-produced meat.

Source: www.emeat.ru