Strong recovery in Brazil’s pork exports

Booming imports in China were a significant global demand driver in 2020. File Picture. 

Global pigmeat exporters remain focused on China, where booming imports were a major global demand driver in 2020, but where imports may decline in 2021.

Price is a major factor in trading with China, and with continued weakness in Brazil’s currency making their pigmeat more competitive on world markets, pork exports from the South American country have recovered strongly in 2021, increasing by 27% to record levels, up to May.