Uruguayan meat exports up 37% in the first half of the year
According to data provided by the Uruguayan National meat Institute (INAC), meat exports have increased by 37.2% in value for the first half of the year, compared with the similar period of 2020. The value of meat exports has reached $1.36 billion, of which $900 million (+26.1%) came from beef exports.
As usual, China was the main market for Uruguayan beef, accounting for 51% of the volume shipped abroad, followed by the US, Canada, and the EU. Most notable has been the increase in the sale of sheep meat that has been 140.6%, reaching $55 million with China also as the main buyer. The figures may increase constantly over the following months, as some plants in Uruguay are gaining or re-gaining access to the Chinese market, such as Breeders & Packers Uruguay S.A. (BPU), a unit that used to ship 70% of its capacity to China until it was suspended for export in April due to labeling issue. Fortunately, the General Administration of Customs of China has cleared the path for this Uruguayan processor starting this month.
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