Argentina: Beef exports in the first nine months of 2024 reached the highest volume in the last 57 years

Published 2024년 11월 6일

Tridge summary

The article reports that foreign sales of beef have reached a 57-year high, with a volume of 699,987 tons from January to September 2024, valued at $2.122 billion. The United States, Chile, Israel, European Union, China, and Mexico are the top five export markets, accounting for 99% of total shipments. The majority of exports were frozen cuts, with 16% being chilled cuts. Cattle slaughter and beef production for the first nine months of the year also surpassed the average from 2017 to 2022.

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Original content

Foreign sales of beef accumulated a volume of 699,987 tons in the period January-September 2024, equivalent to bone-in carcasses for 2.122 billion dollars, which represents the highest record in the last 57 years, reported the Secretariat of Agriculture, Livestock and Fisheries of the Ministry of Economy of the Nation. The data also reflect that, of the 48 export markets, considering the European Union as one, the increase in shipments to the United States stands out 46%; Chile 21%; Israel 11%; EU 7% and China 4%. In addition, a new market such as Mexico is positioned in the ranking, which already occupies sixth place, followed by Brazil, Russia, Canada and Malaysia. These 10 markets accumulated 99% of shipments in volume. On the side of exported products, 16% were chilled cuts and the rest frozen cuts with and without bone. In 2023, chilled cuts were exported to 31 destinations and so far this year only one was added, while sales of frozen cuts expanded from 31 to 44 ...

Source: Agroindustria