Chicken Exports Hit $ 5 billion

by 5m Editor
23 January 2008, at 9:39am

BRAZIL – Brazil exported 3.3 million tonnes of chicken last year, an increase of 21 per cent compared with 2006.

The chicken exports were worth $ 5 billion, which represented a growth of 55 per cent on 2006.

The Brazilian Poultry Exporters Association (Abef) which unveiled the figures this week said the exports had hit a new high.

The Middle East remains as the leading destination for Brazilian exports.

In 2007, 984,000 tonnes were shipped to the region, a 30 per cent increase compared with the previous year.

Revenue from sales stood at $ 1.3 billion, 63 per cent more than in 2006.

Next came the European Union, Asia, Russia, Africa and South America.

For this year, the Abef is expecting a lower growth of eight per cent, both in volume and in value.

However, the association has also forecast a rise in production costs, especially due to the increase in prices for maize, soybean and fertilisers. The forecast also takes into account negative prospects regarding the performance of global economy.

5m Editor