Paraguay experienced a growth in bovine meat exports in January 2023, reaching 22,957 tons, which is an 8.9% increase compared to the same period in 2022. Despite this, the export revenue fell by 3.5% to $106.1 million due to a devaluation of the exported meat ton, with the average price per ton dropping by 11.5% to $4,620. Chile was the largest market for Paraguayan beef, followed by Brazil, Taiwan, and Russia.