Paraguay: Pork exports to Taiwan will reach 8,500 tons

Published Oct 24, 2024

Tridge summary

Since January 2023, Taiwan has become a major market for Paraguayan pork exports, importing over 3,600 tons in 2023. The export volume is projected to double to 8,500 tons in 2023, accounting for 89% of Paraguay's total pork exports. The country also expects to export 42,000 tons of beef to Taiwan in 2024, up from 39,600 tons in the previous year. The authorization for poultry meat exports to Taiwan is under process and is expected to be completed by the end of the year, allowing two meat processing plants to export to Taiwan. The livestock sector, which contributes 83% to Paraguay's total exports to Taiwan, has seen significant growth, generating annual revenues of USD 370 million and experiencing a 550% growth over the past five years.

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

Original content

On 680 AM he stated that “since January 2023, pork was added to the trade balance, so Taiwan became the first destination for this item. Added to this is the advanced conversation for the authorization of poultry meat to the allied country as well.” Regarding this second item, Fleitas mentioned that the projection for this year is to export some 8,500 tons of pork to the Taiwanese market, which will imply more than double the shipments of 2023. “Last year, the shipment of pork to the Asian country reached 3,600 tons and for this year they want to reach 8,500 tons. Currently, 89% of the total pork exported by Paraguay goes to Taiwan,” he said. In a similar context, continuing with the beef sector, 39,600 tons were exported last year, which suggests that the figure for 2024 will reach 42,000 tons of Paraguayan meat for the Taiwanese market. Regarding the authorization process for the poultry species, Fleitas estimated that it could be completed by the end of this year, for which ...

Source: Agromeat