19 December 2022
Despite the most popular cuts of beef being reserved for domestic consumption until the end of 2023, China continues to be the main buyer of Argentine beef. In the first ten months of 2022, China purchased 76.9% of all the country’s beef exports.
Nevertheless, in October, overall beef exports from Argentina fell by 5.8% compared to September but were 25.5% more than October 2021 with 52.7 thousand tons being shipped.
The value of these shipments reached US$265 million, a monthly decrease of 13.3% but 9.2% more than one year ago, according to data from the National Institute of Statistics and Censuses (INDEC).
In the first ten months of 2022, beef exports totalled 527 thousand tons worth US$ 3 billion. If compared to the same period in 2021, volumes have grown 10% and almost 34% in value.