Dairy exports fall by more than 40% after three consecutive increases

Brazilian dairy exports recorded a significant drop of 41.05% between March and April, after three consecutive months of increases. Compared to April 2024, the drop was 22.49%. As for imports, the declines were 11.6% in the monthly comparison and 16.87% in the annual comparison. The data are from Secex and were analyzed and compiled by Cepea.

Thus, the trade balance deficit (in volume) fell by 10.3% in April, closing at 158.1 million liters in milk equivalent – which represents a negative balance of US$ 72.9 million.

Also according to Secex, 4.6 million liters of milk equivalent were shipped in April. Condensed milk shipments, which accounted for 27.9% of Brazilian sales in the month, fell by a significant 27.21% in the monthly comparison, even with the average price of the product decreasing to US$$3/kg, a drop of 4.7% compared to the previous month. The lower volume shipped abroad was linked to lower shipments to Cuba, the United States and Panama, which decreased by 100%, 47.21% and 77.76% respectively in the monthly comparison.

Regarding imports, Brazil purchased 162.8 million liters of milk equivalent in April. Milk powder sales fell 16.21% in the monthly comparison and 17.81% in the annual comparison, totaling 117.6 million liters of milk equivalent. The drop was mainly due to the lower volume of milk powder imported from Chile and Uruguay, respectively 34.36% and 24.69% compared to March. In terms of price, the average imported milk powder was US$$ 3.42/kg in April, a slight decrease of 0.25% compared to the previous month.