ARGENTINE

Argentine: In june, beef exports marked an upturn

Beef

In June, the meat industry exported 47,360 tons of beef, a figure that represented a monthly recovery of 2.4%, after three consecutive declines. The data was presented by the Chamber of Industry and Commerce of Meat and Derivatives of the Argentine Republic (CICCRA).

Posted on Aug 20 ,00:20

The entity indicated that in the second quarter of the year, shipments accumulated 142,500 tons, 13% below the total exported in the first quarter of the year. From the indicated survey, it was seen that exports to China exhibited a rebound of 14.9% compared to May.

Increased quantities were also seen in Mexico, Israel and Spain, although in absolute terms they were marginal in relation to the increase in sales to China. Meanwhile, the quantities exported to Chile, Germany, the Netherlands, Italy and Brazil fell.

The quarterly contraction was entirely due to the reduction in purchases by China. Between April and June, the Asian giant imported 95,400 tons, a reduction of 21.7% compared to the first quarter of 2024.

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