Brazil‘s Beef Exports to China Jump Nearly 40% as Trade War Reshapes Markets
São Paulo, Brazil – Brazil’s beef exports to China surged 38.3 percent in September year-over-year, reaching 187,340 tonnes, according to data released Wednesday by the Brazilian industry group abrafrigo. The increase underscores a broader shift in global agricultural trade as china seeks alternatives to U.S. goods amid an ongoing trade dispute. Total monthly beef exports reached a record high, propelled by demand from China and other markets.
The rise in Brazilian beef exports comes as the U.S. and Brazil navigate a period of trade tensions. In August, the trump management imposed a 50 percent tariff on several Brazilian goods, including beef, wich already faced a 26.4 percent levy. This has prompted China to increase its reliance on Brazilian suppliers, while together allowing Brazil to diversify its export markets and offset the impact of U.S. tariffs.
Global demand for beef has broadly benefited Brazil, helping it mitigate the effects of the U.S. tariffs, Abrafrigo stated. Total beef exports – encompassing fresh and processed meat, edible offal, and tallow – generated $1.92 billion in revenue in September, a 49 percent increase in value and a 17 percent rise in volume compared to the same period last year.
while exports to the U.S., Brazil’s second-largest beef market, declined 41 percent year-to-date through September, falling to $102.9 million,demand from the European Union has grown considerably.EU purchases totaled $131.7 million last month, a 106 percent increase year-over-year, led by Italy, the Netherlands, and Spain.
Abrafrigo reported that 130 countries increased their purchases of Brazilian beef this year, while 48 reduced them, demonstrating the country’s expanding global reach in the beef market. This trend mirrors similar increases in soybean exports, also driven by the trade reshuffle initiated by U.S. tariffs.
