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Colombia: Pork imports fell for second consecutive month

Contrary to the sustained increase that characterized the first quarter, April and May saw decreases in the volume of pork imports.

Graph 1. Monthly imports of pork meat in Colombia in the period January - May 2023. Prepared by 333 Latin America with data from DANE.

Graph 1. Monthly imports of pork meat in Colombia in the period January - May 2023. Prepared by 333 Latin America with data from DANE.

7 September 2023
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  • Total pork imports from January to May, totaled 52,754 tons (t), a decrease of 6.8% compared to the same period in 2022.
  • The value of imports reached 134.9 M USD CIF, representing an increase of 4.4% compared to the same period of the previous year.
  • In May, the volume of imports reached 9006 t, which represents a drop of 29.3% compared to the same month of the previous year and a 16.8% drop compared to April.
  • As for the countries of origin, in May there were significant decreases in shipments from the United States (-26.4%) and Chile (-35.9%); however, Canada, with a volume of 1,387 tons, practically doubled its shipments compared to the same month of the previous year.
  • In May, 84% of imports corresponded to chops and ribs (42.8%), boneless frozen meat (35.8%), and bone-in frozen legs and shoulders (5.3%).
  • The implicit price for the imported product averaged COP 11,898/kg in May and was 30.1% higher than the average for the same month in 2022 (COP 9,143/kg); however, the variation in dollars showed an increase of only 14.9%, from USD 2.26 to USD 2.59/kg.

333 Latin America with data from the National Administrative Department of Statistics (DANE) of Colombia.
https://www.dane.gov.co/

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