In the initial months of 2024, Uruguay experienced a notable uptick in its cattle industry, with a 11% increase in cattle slaughter, reaching 408,430 heads, and an 8.8% rise in beef exports, totaling $339.74 million. The volume of beef exported also surged by 14.4% to 83,526 tons. Despite a 14.7% drop in beef imports by China, it remains Uruguay's largest beef market. Meanwhile, exports to the UMSCA countries (United States, Canada, and Mexico) saw a remarkable 75.2% growth, and exports to the EU increased by 17.5%, indicating a diversification in Uruguay's beef export markets.