Russia increased pork imports from Brazil by 40,000 tons up to August
Russia increased its imports of pork from Brazil by about 40,000 tons in the first eight months of 2015 and now accounts for 50% of Brazils exports of the product, according to a survey from the Center for Advanced Studies in Applied Economics (Cepea) at Esalq / USP in partnership with the Confederation of Agriculture and Livestock of Brazil (CNA).
US and European economic sanctions against Russia because of the crisis in the Crimea have made Russia increase its imports from other markets, including Brazil, according to the Hog Bulletin presented by Cepea and CNA on Friday, October 16.
In June Brazil achieved its highest volume of pork exports in a month since 2012. This was largely down to Russia, as other markets have continued to reduce their imports.
Information provided by CarneTec