Less participation of Chile and Russia as meat destinations

Published 2022년 11월 16일

Tridge summary

Paraguay's beef exports to Chile and Russia, its two largest markets, saw a decrease of 3% and 4% respectively compared to the same period in 2021, generating a total of 41% and 16% of the total foreign exchange from red meat exports. Despite this, Paraguay's total beef exports hit a record high between January and October of this year, with a total of 283,932 tons exported earning USD 1,476.1 million, an increase in revenue despite a decrease in volume. The average export price per ton also reached a high of USD 5,199. Other significant markets included Brazil, Taiwan, and Israel.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Chile and Russia, the two most important markets for Paraguayan beef, had a participation of 41% and 16%, respectively, within the total foreign exchange generated by exports of red protein, that is, a negative interannual variation of 3%. and 4%, compared to the same period of 2021, according to Productiva's analysis. Regarding Chile, the main destination of the national product, Paraguay exported 109,076 tons for USD 598.3 million, a negative difference of 2% in revenue and 7% in volume, considering that in the first ten months of 2021 they had exported 116,888 tons worth USD 611.7 million. Regarding the Russian market, between January and October 2022, USD 236.1 million entered Paraguay for 58,305 tons shipped, that is, a decrease of 14% in values and 15% in volume, since during the same period of the year USD 273.6 million was generated for 68,996 tons exported. In addition to Chile and Russia, the main markets for Paraguayan beef were Brazil (13%), Taiwan (11%), Israel (6%), ...

Source: Productivacm