China

China's beef imports have increased by 41.5%

Beef

Beef imports in March have reached a peak of 216,000 tonnes due to the impact of COVID-19 pandemic on pork imports.

Posted on Sep 02 ,10:35

China's beef imports have increased by 41.5%

Up to July, China imported a total volume of 1.2 million tonnes of beef, worth $6.16 billion. Most of the beef imported came from Brazil and Argentina, both South American countries increasing constantly their presence in the Chinese beef market. Beef imports of China in the first 7 months of the year are up 41.5% from the same period last year and March was a record month for beef imports (216,000 tonnes) supported by insufficient port transportation due to the impact of COVID-19 pandemic, which contributed to the delay of customs clearance for a large volume of cargo, says B2B platform "Beef to China".

Mainland China's beef imports in July totalled 210,000 tonnes, increased about 30,000 tonnes compared to June's 176,000, up 35% year-on-year, and the corresponding imports valued $957 million, up 29.5% year-on-year.
Meanwhile, beef offal imports of Mainland China summed up to 20,000 tonnes, with a value of 59.57 million USD in the first 7 months of 2020.

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