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Exports to China have increased by 18% year-on-year, while beef exports to the United States have fallen sharply by 43 year-on-year.
%
.
Costa Rica’s “Nation” reported on June 9 that data recently released by the Costa Rica Foreign Trade Promotion Agency showed that from January to April this year, Costa Rica’s beef exports to China reached 22.
5 million U.
S.
dollars, compared with 19 million U.
S.
dollars in the same period in 2020
.
This figure shows that Costa Rica's beef exports to China have increased by 18% year-on-year
.
At the same time, beef exports to China accounted for 73% of total beef exports, and China has therefore become the largest market for Costa Rican beef exports
.
5 million U.
S.
dollars, compared with 19 million U.
S.
dollars in the same period in 2020
.
This figure shows that Costa Rica's beef exports to China have increased by 18% year-on-year
.
At the same time, beef exports to China accounted for 73% of total beef exports, and China has therefore become the largest market for Costa Rican beef exports
.
On the other hand, from January to April this year, Costa Rica’s beef exports to the United States were only 8 million U.
S.
dollars, a sharp drop of 43% from the 14 million U.
S.
dollars in the same period last year
.
S.
dollars, a sharp drop of 43% from the 14 million U.
S.
dollars in the same period last year
.
On the whole, despite a year-on-year increase in beef exports to China, Costa Rica’s total beef exports in the first four months of this year fell by 4% year-on-year to 38.
8 million U.
S.
dollars due to a sharp decline in exports to the United States
.
8 million U.
S.
dollars due to a sharp decline in exports to the United States
.
Leonardo Murillo (Leo Murillo, Director of the Research and Publicity Department of the National Animal Husbandry Company of Costa Rica (Corfoga))Nardo Murillo) analyzed that the reason for the increase in beef exports to China is currently not clear, but it is likely that beef exporters want to establish and consolidate their positions in a new market
.
As for the reasons for the decline in exports to the United States, Murillo pointed out that due to the impact of the new crown epidemic, international trade and transportation have been frustrated as a whole, and the beef cattle farms in Costa Rica have also shifted their sales focus from the United States to the domestic market
.
At the same time, Murillo also said that the rise in international beef prices has also affected Costa Rica's beef exports to the United States to a certain extent
.
.
As for the reasons for the decline in exports to the United States, Murillo pointed out that due to the impact of the new crown epidemic, international trade and transportation have been frustrated as a whole, and the beef cattle farms in Costa Rica have also shifted their sales focus from the United States to the domestic market
.
At the same time, Murillo also said that the rise in international beef prices has also affected Costa Rica's beef exports to the United States to a certain extent
.
