Brazil's beef exports to China increased by 38% in September compared to the same month last year, reaching record levels as Chinese importers increased purchases in response to new U.S. trade tariffs. Abrafrigo reported that shipments to China reached 187,340 tons, boosting total Brazilian beef exports to a record 373,867 tons in the month. Export revenues amounted to 1.92 billion U.S. dollars, a 49% increase year-on-year. The increase coincides with Washington's decision to impose additional tariffs of up to 50% on Brazilian products, including beef, on top of the existing 26.4% tariffs. As a result, exports to the United States fell sharply in September, by 41%, to 102.9 ...
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.