Argentine pork: The cheap is exported, the expensive is imported

Published 2024년 6월 4일

Tridge summary

In May 2024, pork sector exports saw a 35% increase compared to May 2023, totaling 1,084 tons, with 9.5% being meat and the rest offal. Despite challenges such as high taxes and a poorly valued dollar, the sector is making efforts to remain competitive. On the other hand, imports have decreased due to local product availability, payment terms, and a significant decline in the sausage industry. Despite the negative trade balance due to importing high-value cuts and exporting low-value offal, the sector is making up for it by staying competitive and overcoming obstacles.

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

Original content

In May 2024, pork sector exports reached 1,084 tons, remaining practically the same compared to the previous month and representing an increase of 35% compared to May 2023. The data provided by JLU Consultora reflects that of the total exported, 9.5% corresponds to meat and the rest to offal, as shown in Graph No. 1. This increase reflects a significant effort by the sector to remain competitive, despite strong tax obstacles and an unfavorable dollar value. On the other hand, imports have continued to decrease due to the greater availability of product in the local market, the possibility of payment in pesos and in installments, and the significant decline in the sausage industry. In March, imports were 43% lower than in April and 80% lower than in May 2023. Despite the marked ...

Source: Infopork