US beef exports to Hong Kong double
08/10/2013
Export volume until the end of July doubled from a year ago to more than 60,000 metric tons. Export value is up 128% to $368.4 million, and has already set a full calendar year record.
The US Meat Export Federation has capitalised on expanded access by marketing a wide range of beef cuts to several food industry sectors. While US beef continues to perform very well in Hong Kong’s high-end steakhouses, it is now available to a much broader range of consumers.
Hong Kong’s zero-duty access for imported beef helps US exports remain strong, but also makes it one of the most competitive markets in the world.
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