AHDB - UK Agriculture and Horticulture Development Board

12/02/2022 | News release | Distributed by Public on 12/02/2022 07:54

South American Beef Exports

Following earlier analysis on trends in the South American beef market How much beef did South America export in 2021? | AHDB, we take an updated look at the South American beef export trade and the likely impacts in the short to medium term.

Beef exports from the Mercosur bloc continue to be dominated by Brazil, with an article from June 2022 illustrating the detailed outlook for this trade - Brazilian beef production increases as exports continue to flourish | AHDB.The latest data (January to September) continues to highlight the significance of Brazilian exports to the bloc's overall trade volumes in beef. Looking into 2023, the USDA is forecasting this trend to continue, with Brazil anticipated to increase total exports by 1%, while other key South American nations are expected to record declines of up to 3% in total export (Argentina, Paraguay, Uruguay).