Chinese beef imports up 173%
China’s total beef imports grew 173% year-on-year in August to 3,737 tonnes.
New Zealand was the only country to explain a decline in beef exports to China, with volumes down 21%.
Uruguayan beef exports to China increased by 27% to 777 tonnes in August, while Australian exports also grew 27% to 620 tonnes. Brazilian beef exports to China were 22 times higher, reaching a record volume of 2,203 tonnes.
According to reports, competitive pricing has been the main driver of increased sales of beef from South America to China in recent months.