Bolivian beef meat exports are growing by leaps and bounds thanks to China

Bolivian beef exports are growing by leaps and bounds thanks to China. In five years, sales to the foreign market, both in value and volume, have almost multiplied by six. The Asian giant demands 90% of what is sold. Until 2018, the main markets for Bolivian beef were Peru and Ecuador. Since 2019, after the agreement signed between Bolivia and China, Beijing became the main buyer of this product, according to data processed by La Razón based on information published on the website of the National Institute of Statistics (INE). In April 2019, the protocol of health requirements for the export of Bolivian beef to the Chinese market was signed. From that date, Bolivian beef exports began to grow exponentially. From a little more than 3,000 tons exported in 2019 for a value of $us 15 million, last year sales skyrocketed to 29,000 tons, generating an income of $us 136 million for companies dedicated to this business. (See infographic). In this period, sales volume grew by 467% and ...