Uruguay met 48% of the beef quota to the United States

Published 2024년 4월 26일

Tridge summary

Uruguay has achieved 48.5% of its 20,000-ton beef export quota to the United States with tariff preference by April, ranking second after Brazil. It has also met 87% of its 5,606-ton annual allocation in Europe. The Business Institute International Studies (INI) of the Catholic University of Uruguay reports a 10.5% increase in exports to the United States-Mexico-Canada Agreement (Usmca) in 2023, with beef being the primary product. Uruguayan imports from Usmca countries accounted for 11.5% of total acquisitions in 2023, showing a decrease of 38.8% from 2022. An agreement has led to a reduction in tariffs for meat shipments to Mexico and the United States.

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

Original content

The quota of 20,000 tons of beef exported to the United States with tariff preference was fulfilled by 48.5% until April, according to the Customs of that country, with Uruguay being the second most complied with the agreement, just by ahead of Australia, New Zealand and Argentina, but behind Brazil. The United States Customs and Border Protection (CBP) published a report establishing that a total of 9,690 tons were exported to that country with a tariff preference, which represents 48.5% of the total agreed. Brazil was the country that complied the most, completing 65 tons several weeks ago, followed by New Zealand with 29%, Argentina with 27% of its 20,000 tons and Australia with 23.5%. For its part, in Europe, it fulfilled 87% of the annual allocation of 5,606 tons, sending a total of 4,879 tons until March 31, becoming the country that most complied with the agreements during the third quarter. Behind Uruguay is Australia with 80% and Argentina with 73.4%. How is the ...

Source: Agromeat