Philippines overtakes China as top destination for Brazilian pork exports in 2024

BRAZIL – Brazil’s pork export sector is experiencing significant growth, with a record-breaking revenue in October 2024. 

According to the Brazilian Animal Protein Association (ABPA), pork exports—comprising both fresh and processed products—reached 130.9 thousand tons last month. 

This represents a 40.7% increase from the same period in 2023, when the country exported 93 thousand tons.

The surge in export volume translated to a new revenue high of US$313.3 million in October, up 56.4% compared to the US$200.3 million earned in the same month last year.

Between January and October 2024, Brazilian pork exports totaled 1.121 million tons, marking a 10.7% year-on-year increase. 

Revenue during this period grew by 5.2%, reaching US$2.48 billion, compared to US$2.36 billion in 2023.

For the first time this year, the Philippines has become Brazil’s leading importer of pork, overtaking China. 

From January to October 2024, the Philippines imported 206 thousand tons of Brazilian pork, a 103.3% increase from the previous year. 

In contrast, China saw a 40.6% decrease, importing just 199.9 thousand tons. 

Other significant destinations include Chile (92.5 thousand tons, +33.9%), Hong Kong (89.4 thousand tons, -11.8%), and Japan (75.8 thousand tons, +137.2%).

On the domestic front, Santa Catarina remains Brazil’s primary pork-exporting state, shipping 68.6 thousand tons in October, a 45.7% year-on-year increase. 

Other key exporters include Rio Grande do Sul (27.6 thousand tons, +25.6%), Paraná (20.6 thousand tons, +44.5%), Mato Grosso (3 thousand tons, -19.2%), and Mato Grosso do Sul (2.9 thousand tons, +54.6%).

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