Rwanda Earns $22.9 million From Meat Exports

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Rwanda exported over 6.2 million kilogrammes of meat

Rwanda exported over 6.2 million kilogrammes of meat, up from 5.3 million kilos exported the previous year, indicating 17.5 per cent growth in volumes.

According to the National Agricultural Export Board (NAEB) annual report released this July Rwanda’s meat export increase by 29.7 per cent courtesy of good prices and high volumes of meat production.

The report shows that the country recorded $22.9 million (Rwf19.5 billion) from beef exports during the July 2016 to June 2017 financial year (FY), an increase from $17.6 million (Rwf14.96 billion) the previous year. Meat export prices averaged $3.67 (Rwf3, 119) per kilogramme on the export market compared to $3.33 (Rwf2, 830) a kilo the previous year.

The report also indicate Rwanda’s earnings from export of live animals dropped by 21.7 per cent to $27 million (Rwf22.95 billion) from $34.5 million (Rwf29.3 billion) during the previous FY. Over 1,139,220 live animals were exported compared to 1,510,058 over the same period in the 2015/16 financial year, registering a drop of 24.5 per cent.

The ministry of agriculture is also implementing different initiatives to increase Rwanda’s meat production for a wide range of animals.

Meanwhile, milk export receipts rose to over $13 million (Rwf11.05 billion), up from $12.7 million (Rwf10.79 billion) earned during the 2015/16 fiscal year. This was an increase of about 2.4 per cent year-on-year boosted by relatively higher export prices that averaged $1.08 (Rwf918) per litre compared to $1 (Rwf850) previously.

Volumes exported, however, decreased by 5.1 per cent to over 12.08 million litres from 12.73 million litres the previous FY.

In a related development, export revenue from hides and skins was also up, rising from $7.4 million in 2015/16 financial year to $7.9 million during the reporting period, according to the report.

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