Bovine Meat in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $876M in Bovine Meat, making it the 12th largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 44th most exported product in Brazil. The main destination of Bovine Meat exports from Brazil are: Chile ($298M), Uruguay ($105M), Netherlands ($88.9M), Saudi Arabia ($67.4M), and United Arab Emirates ($64.9M).

The fastest growing export markets for Bovine Meat of Brazil between 2021 and 2022 were Spain ($11.7M), United Arab Emirates ($8.37M), and Uruguay ($8.33M).

Imports In 2022, Brazil imported $187M in Bovine Meat, becoming the 27th largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 226th most imported product in Brazil. Brazil imports Bovine Meat primarily from: Paraguay ($153M), Argentina ($18.1M), Uruguay ($15.5M), United Arab Emirates ($147k), and United States ($36.6k).

The fastest growing import markets in Bovine Meat for Brazil between 2021 and 2022 were Paraguay ($50.6M), Argentina ($3.38M), and Uruguay ($769k).

COMPANIES In 2023, leading companies such as JBS USA FOOD COMPANY (888) were at the forefront of shipping Bovine Meat from Brazil to the United States.

Latest Trends

February 2024

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Overview In February 2024 Brazil's Bovine Meat exports accounted up to $98.9M and imports accounted up to $13M, resulting in a positive trade balance of $85.9M. Between February 2023 and February 2024 the exports of Brazil's Bovine Meat have increased by $41M (70.7%) from $57.9M to $98.9M, while imports increased by $601k (4.85%) from $12.4M to $13M.

Destinations In February 2024, Bovine Meat were exported mostly to Chile ($22.7M), Algeria ($19.1M), Uruguay ($10.4M), Saudi Arabia ($6.44M), and Netherlands ($6.05M), and were imported mostly from Paraguay ($10.5M), Argentina ($1.49M), and Uruguay ($998k).

Growth In February 2024, the increase in Bovine Meat's year-by-year exports was explained primarily by an increase in exports to Uruguay ($4.87M or 99%), Saudi Arabia ($2.71M or 71.5%), and Netherlands ($2.7M or 76.5%). In February 2024, the increase in Bovine Meat's year-by-year imports was explained primarily by an increase in imports from Paraguay ($2.56M or 38%) and Argentina ($313k or 25%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$41M(70.7%)

IMPORT GROWTH (February 2023 - February 2024)$601k(4.85%)

MAIN EXPORTER (February 2024)Mato Grosso Do Sul$27.3M

MAIN DESTINATION (February 2024)Chile$22.7M

This section shows Bovine 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 Bovine Meat over time.

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