Special report from Buenos Aires |
Exports from the Argentine pork sector have shown remarkable growth in the first nine months of 2024, with an increase of 35.1% compared to the same period of the previous year.
This growth is not only quantitative, but is also reflected in an increase of increase of 48.6% in FOB dollar termsreaching a total volume of 11,359 tonsThe pork sector is the country's main export market, accounting for 8,406 tons last year. This boom places the pork sector as a fundamental part of the country's meat exports, accounting for the largest share of the total. 30% of the total.
New markets and opportunities
The opening of new markets has been key to this growth. Among the main destinations for Argentine exports are the following Uruguay and Singaporewhich have recently been opened by the Argentine government. Other relevant destinations include China and GeorgiaThis diversifies trade opportunities for Argentine producers.
Production on the rise
In addition to exports, pork production in Argentina has shown a significant increase in the cumulative increase of 3.1% through September, reaching 587,044 tons of beef on the bone. This growth in production complements the success in exports, reflecting an expanding sector that responds to the incentive policies implemented by the government.
A context of reduced imports
In contrast to the growth of exports, sector imports have decreased significantly, with an average decrease of 34.7% in CIF dollars and 34.0% in tons..
The data provided are the result of an analysis carried out by the Secretariat of Agriculture, Livestock and Fisheries (SAGyP) from Ministry of Economy Argentina, specifically through the Swine, Poultry and Farm Animals Directorate.
