Colombia: Almost 110 thousand heads of cattle were exported between January and April 2024

Published Jun 11, 2024

Tridge summary

Colombia has seen a slight decrease in agricultural exports, bringing in USD 110.2 million for the first four months of 2024, a 4.6% drop from the previous year. The majority of the exports were live animals, with a 24% growth compared to 2023, primarily to Iraq. However, meat and offal exports experienced a significant decrease of 43.2% in volume and 46.1% in value, mirroring trends from 2019. This decline is due to competition from Brazil and reduced demand in certain markets. Despite these challenges, Colombia has made its first meat shipment to China, a potential major market. The article emphasizes the importance of maintaining a balance between live animals and meat exports to mitigate market fluctuations.

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

Original content

Adding exports of meat products and live animals, the country received USD 110.2 million as of April 30, a slight decrease of 4.6% compared to the data from a year ago (USD 115.6 million). . Of this value, the export of live animals stands out with 109,680 specimens for USD 84.8 million (FOB value), which represents 77% of the total, while beef and offal exports total 6,862 tons. Meat shipments cost $21.6 million (20%) and offal shipments cost $3.8 million (3%). Exports of live cattle grew 24% compared to 2023 The report can be highlighted that Colombia exported 21,171 more cattle in the first 4 months of the year than in the same period of 2023, an increase of 23.9%. In terms of value, the increase was 24.1% compared to last year's shipment, which cost USD 68.3 million. Although 10,708 heads were exported in April alone for USD 9.2 million, almost 50% less than what was sent in the same month of 2023, shipments in February and March were much higher, which is why this item ...

Source: Agromeat