China increases its purchases of Colombian meat

Published 2024년 11월 17일

Tridge summary

In September 2024, Colombia saw a notable increase in its cattle and meat exports despite a decrease in volumes compared to the previous year. The country exported 153,649 heads of cattle, generating revenue of US$119.1 million, and shipped 14,957 tons of meat, earning US$60.8 million. This marks the first time meat exports surpassed 3,000 tons in a month in 2024. Iraq, Egypt, Saudi Arabia, Jordan, and Venezuela were the main importers of Colombian cattle, while Russia, China, South America, El Salvador, Curacao, Hong Kong, Egypt, Iraq, Libya, and Saudi Arabia were the key buyers of Colombian meat. The growth in meat exports to China is particularly noteworthy, as it replaced Chile as the second-largest market for Colombian meat following the reopening of the Chinese market in October 2023.

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

Original content

As of September 2024, Colombia has exported a total of 153,649 heads of cattle, with a FOB value of US$119.1 million. As for meat, exports have reached 14,957 tons, with a FOB value of US$60.8 million, according to figures from the National Administrative Department of Statistics and compiled by the Office of Planning and Economic Studies of Fedegán. Compared to the January-September 2023 period, the volume of cattle exported decreased by 19.8% to 191,641 tons, while the value fell by 20.2% to USD 149.2 million. Meat shipments, meanwhile, fell by 18.8% year-on-year to 22,301 tons, while revenues fell by 19.6% to USD 87.4 million. The month of September was one of contrasts for the sector: while the shipment of animals had its lowest record of the year, with just 17 specimens sent to Venezuela for USD 257,230, meat exports exceeded 3,000 tons per month for the first time in 2024, reaching 3,689 t and recording revenues of more than USD 15 million. The last time a ...

Source: EuroMeat