INTERNATIONAL

Argentine, Brazil and Uruguay exported 2.18 milion tons of beef to China in 2024

Beef

Of the 2.87 million tons of beef imported by China in 2024, 2.18 million came from the three Mercosur countries that have trade relations with the Asian power: Argentine, Brazil and Uruguay. Therefore, more than 3 out of every 4 kilos (76% of the total) came from this origin.

Posted on Feb 04 ,00:10

Brazil remains by far the main supplier with 1.34 million tons in 2024, 47% of the total. The second is Argentina with 595 thousand tons and the third is Uruguay with 244 thousand tons.

Compared to the previous year, total imports increased by 5%.

Regarding bovine offal, China imported 40 thousand tons in 2024, of which 14,700 tons (37%) came from Uruguay and 12,263 tons (30%) from the United States.

Brazil and Argentina increased their exports to China in 2024

Despite the competition that the United States, which pays very high prices for imported beef, represented for Chinese importers, exports from the two main suppliers to the Chinese market, Brazil and Argentina, grew in the annual comparison and were largely responsible for the increase in imported volume in 2024.

Imports from Brazil increased by 14% year-on-year and those from Argentina by 13%. In contrast, all other major suppliers (Uruguay, Australia, New Zealand and the US) reduced their sales to China compared to 2023.

Bolivia made the headlines with a significant annual growth of 54% to 107 thousand tons.

Comments

Similar articles