The average price per ton in June was USD 2,507.66, the highest for the semester. In local currency, this equaled BRL 13,908.61, showing a 1% drop from May’s BRL 14,055.04. This slight decline was attributed to the depreciation of the dollar, which went from BRL 5.6668 in May to BRL 5.5464 in June. Total export revenue for June was USD 337.59 million.
The Philippines remained the top destination for Brazilian pork, showing growth in both quantity and value. Ongoing outbreaks of African swine fever have limited local supply in the Philippines, maintaining demand for imports. This trend is expected to persist through 2025 and potentially into 2026.
China continued to import at a steady rate. Despite stable domestic production, demand is being met, though overall consumption remains cautious due to economic uncertainties. In June, China imported 15,477 tons of pork from Brazil, representing 11.50% of Brazil’s total exports. The average price paid per ton was USD 2,279.10.
Japan ranked third in June with 12,878 tons, also accounting for 11.50% of the total volume. Notably, Japan paid the highest price per ton among major importers, averaging USD 3,450.31. Chile and Singapore were also key markets, importing 11,316 tons and 9,038 tons respectively.
For the first half of 2025, Brazil exported 696,393 tons of pork, reflecting an 18.60% increase from the 587,169 tons during the same period in 2024. Revenue rose by 31.99%, moving from USD 1.276 billion to USD 1.684 billion.
Looking ahead, Brazilian pork exports are expected to remain strong due to competitive pricing and increasing demand from Asian markets. Brazil is actively expanding trade ties with countries such as Japan, South Korea, the Philippines, and Singapore.
Tariff developments may also influence the market. Starting August 1st, the United States will apply a 25% tariff on products from Japan and South Korea, and a 50% tariff on all Brazilian products. However, the direct impact on pork is likely to be minimal, as the U.S. imported only 7,391 tons of Brazilian pork in the first half of 2025, representing just 1.06% of Brazil’s total pork exports. Meanwhile, exchange rate fluctuations may further encourage poultry and pork exports. Brazil continues to pursue new markets, using the pork industry’s export model as a reference for diversification.
