China accounted for 49.1 percent of Argentine meat shipments in 2024
According to the Rosario Stock Exchange, the product with the highest export value was boneless frozen beef, which accounted for 48% of the total, reaching US$1.798 billion.
Fresh or chilled boneless beef came in second place, accounting for 25% of the total, at US$937 million. Next came exports of hides and beef products, valued at US$383 million, representing 10.2%.
Regarding export destinations, it is observed that China took first place in 2024, accounting for 49.1% of shipments, excluding statistical secrecy.
Thus, in 10 years, the exports to China have increased more than sevenfold. More than three-quarters of the frozen beef exported by Argentine is destined for the People's Republic of China.
In second place was Israel with 7.8%, and in third place was the United States, responsible for 7.5% of the foreign currency that Argentine receives from exports of beef and bovine hides.
During the first quarter of this year, Argentine's export value of bovine meat and hides totaled US$883 million, 3.7% below the same period last year and 2.1% above the five-year average.
Of this total, 12% is destined for the United States, which totals exports of US$100 million, doubling the same period last year and setting an all-time record for a first quarter, with data available dating back to 2002.
"This allows our country to sustain its exports in a context of falling demand from China, whose purchases from Argentine decreased by 30% year-on-year in the first quarter of 2025," concludes the report from the Rosario Stock Exchange.
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