Brazil’s Meat Exports Fell 19 Percent Last Week to $50.5 Mln a Day: Trade Ministry

Brazil’s Meat Exports Fell 19 Percent Last Week to $50.5 Mln a Day: Trade Ministry
Beef is seen for sale in a butchery after the Chilean government suspended all meat and poultry imports from Brazil, in Santiago, Chile on March 22, 2017. REUTERS/Pablo Sanhueza
Reuters
Updated:

SAO PAULO—Brazil’s meat exports fell by 19 percent last week to $50.5 million a day, versus the previous week, as a scandal from a police investigation into alleged bribery of health inspectors prompted some large importers to bar Brazilian products.

However, for the first four weeks of March as a whole, meat exports were up by 7 percent year-on-year at an average of $59 million a day, reflecting a strong general growth trend.

Saudi Arabia was the largest destination for Brazilian meat last week, following an import ban by China—which was the biggest importer last year. China lifted its import ban on Saturday.