Exports of frozen boneless beef, Uruguay’s main export item, showed its two leading destinations — the United States and China — with very similar volumes.
In May, both destinations imported around 7,200 tons of these products. In the cumulative January-May period, frozen boneless exports to the United States fell 25% year-on-year to 41,972 tons, while shipments to China increased 1% to 36,408 tons.
The average export value to China increased 27% year-on-year through May, with May exports approaching US$/t 7,000. Meanwhile, exports to the United States rose 6% year-on-year to US$/t 7,039.
Far behind the two leading destinations appear Israel, Japan and Canada, each with more than 2 thousand tons imported during the January-May period. The average export value to Israel posted a robust 43% annual increase to US$/t 10,812.
