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Uruguay replaces Argentina as the second largest meat supplier to China

 Last Update: 2021-12-02
 Source: Internet
 Author: User

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According to a report by Uruguay's "Nation" on November 12, research by the Argentine think tank Mediterranean Foundation shows that Uruguay has surpassed Argentina to become the second largest meat supplier to China
.
In 2020, Brazil (40%), Argentina (23%) and Uruguay (11%) are the top three meat exporters to China
.
Since Azerbaijan’s beef exports were restricted on May 20 this year, Azerbaijan’s beef exports from June to September fell by 16.
5% from January to May, while beef exports from Brazil, Uruguay and the United States to China increased by 41.
6%, 22.
9% and 6.
2%, respectively
.
In September of this year, Uzbekistan overtook Argentina to become the second largest supplier of meat exports to China.
Argentina’s market share in China dropped from 23% to 11%, Uzbekistan increased from 11% to 14%, and Brazil still ranked first, since 40%.
% Increased to 46%
.

The think-tank economist said that China’s demand is strong, and the beef exports to China should have increased by 20% compared with last year.
Monthly losses amounted to 100 million U.
S.
dollars, and restrictions on exports hindered investment and future development in the beef production sector
.

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