Livestock exports from Colombia complete 3 months affected by competition from Venezuela

Published 2021년 8월 24일

Tridge summary

Since June 2021, Colombia has seen a decrease in live animal exports, particularly live cattle, due to the lower prices offered by the Venezuelan market to traditional buyers from Egypt, Iraq, and Lebanon. This has resulted in a significant decline in exports, with only 4,500 live cattle expected to be exported to Jordan in August. The decrease in exports is attributed to buyers going to Venezuela for cheaper prices and the increasing cost of the dollar. The situation is expected to persist with Venezuela continuing to export live cattle at competitive prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Since June 2021, the foreign trade of live animals has decreased due to the lower price offered by the Venezuelan market to the usual buyers of Colombia from Egypt, Iraq and Lebanon. Only one livestock export will take place in August. Since March of this year, exports of live cattle started a sharp decline. In that month Colombia exported, according to the statistics published by the Fedegán Planning Office, 46,587 livestock; on April 26 817; in May 13 105, and in June, only 6134 animals. In August only 4,500 live cattle will be exported to the Jordanian market and they will be zebu breed animals that weigh 400 kilos and will meet the demand in that Asian country that borders Saudi Arabia. This volume is constituted in one third of the average that the Expoganados Internacional company generally exported on a monthly basis, the most dynamic company in Colombian livestock foreign trade. "During the months of June and July, we did not have the opportunity to close deals with buyers ...
Source: MXContexto

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.