Pig Meat in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $2.44B in Pig Meat, making it the 7th largest exporter of Pig Meat in the world. At the same year, Pig Meat was the 24th most exported product in Brazil. The main destination of Pig Meat exports from Brazil are: China ($1.05B), Hong Kong ($191M), Philippines ($173M), Chile ($138M), and Singapore ($132M).

The fastest growing export markets for Pig Meat of Brazil between 2021 and 2022 were Philippines ($107M), Thailand ($47.6M), and Japan ($40.8M).

Imports In 2022, Brazil imported $17.7M in Pig Meat, becoming the 74th largest importer of Pig Meat in the world. At the same year, Pig Meat was the 666th most imported product in Brazil. Brazil imports Pig Meat primarily from: Singapore ($17.4M), Italy ($118k), Netherlands ($95.3k), United States ($50.4k), and United Kingdom ($24.9k).

The fastest growing import markets in Pig Meat for Brazil between 2021 and 2022 were Netherlands ($95.3k), United Kingdom ($24.9k), and United States ($9.35k).

COMPANIES In 2023, leading companies such as JBS USA FOOD COMPANY (300) were at the forefront of shipping Pig Meat from Brazil to the United States.

Latest Trends

February 2024

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Overview In February 2024 Brazil's Pig Meat exports accounted up to $191M and imports accounted up to $239k, resulting in a positive trade balance of $191M. Between February 2023 and February 2024 the exports of Brazil's Pig Meat have increased by $18.6M (10.8%) from $172M to $191M, while imports increased by $166k (228%) from $72.7k to $239k.

Destinations In February 2024, Pig Meat were exported mostly to China ($51.4M), Philippines ($24.8M), Japan ($18M), Chile ($17.6M), and Hong Kong ($16.1M), and were imported mostly from .

Growth In February 2024, the increase in Pig Meat's year-by-year exports was explained primarily by an increase in exports to China ($39M or 62.1%), Chile ($6.61M or 78%), and Singapore ($3.91M or 49.1%). In December 2021, the increase in Pig Meat's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$18.6M(10.8%)

IMPORT GROWTH (February 2016 - December 2021)$166k(228%)

MAIN EXPORTER (February 2024)Santa Catarina$113M

MAIN DESTINATION (February 2024)China$51.4M

This section shows Pig Meat's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Pig Meat over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.44B

IMPORTS (2022)$17.7M

NET TRADE (2022)$2.42B

In 2022, Brazil exported $2.44B in Pig Meat. The main destinations of Brazil exports on Pig Meat were China ($1.05B), Hong Kong ($191M), Philippines ($173M), Chile ($138M), and Singapore ($132M).

In 2022, Brazil imported $17.7M in Pig Meat, mainly from Singapore ($17.4M), Italy ($118k), Netherlands ($95.3k), United States ($50.4k), and United Kingdom ($24.9k).

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