South American Real Estate News

Paraguay will close this year as the ninth world exporter of meat, according to the USDA

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In 2021, Paraguay will increase its shipments of beef by 109,000 tons in relation to the previous season, which will allow it to climb a position in the world ranking and become the ninth-largest exporter of the sector, sharing the place with Uruguay, according to the latest report Trade and Markets of the United States Department of Agriculture (USDA)

The US agency expects Paraguayan exports of beef cattle to reach a volume of 480,000 tons in 2021, which will represent a growth of 30% compared to the 371,000 tons exported in 2020, the year in which Paraguay closed as the tenth-largest exporter of the product.

This year is marking a milestone for national livestock with an unprecedented rate of slaughter of animals in industries with a significant supply that accompanies the great international demand for the product.

The USDA reported that the world beef trade will reach 11,724,000 tons in 2021. The largest exporters will be Brazil with 2,575,000 tons, India with 1,550,000 tons, the United States with 1,549,000 tons, Australia with 1,290,000 tons, Argentina with 720,000 tons, New Zealand with 650,000 tons, Canada with 595,000 tons, Paraguay with 480,000 tons, with Uruguay 480,000 tons, Mexico with 330,000 tons and the remaining suppliers with 820,000 tons.

Source: Agro Value

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