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Argentine beef exports to China report record growth

2019/6/12 9:39:05   source:Xinhua

The Argentine export of frozen beef to China reported a record growth of 90.7 percent year on year in the first four months of this year, the Argentine business chamber for meat and meat products CICCRA said Monday.

"Of every four kilograms of beef exported, three kilograms were sent to China," said a CICCRA report.

During the period, there were 92,727 tons of Argentine frozen beef exported to China, representing an annual revenue increase of 84.6 percent despite a 3.2 percent fall in price, according to the report.

The volume of exports from January to April 2019 was the second highest for this period in 24 years, it added.

Other major importers of the Argentine beef are Chile, Israel, Germany, Russia, the Netherlands, Brazil and Italy, the report said.

Currently, China is Argentina's second largest trade partner and largest market for agricultural exports.

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