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    Home > Food News > Food Articles > China will buy 84% of Bolivia's exported beef in 2020

    China will buy 84% of Bolivia's exported beef in 2020

    • Last Update: 2021-09-03
    • Source: Internet
    • Author: User
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    According to data from the Bolivian National Institute of Statistics (INE), the latest report released by the Bolivian Institute of Foreign Trade (IBCE) shows that in the first half of this year, Bolivia exported 10,810 tons of beef , valued at 53.
    1 million US dollars
    .
    In addition, China was the main buyer of Bolivian beef last year
    .
     
    Bolivia's "Seven Pages" reported on August 21 that the report summarized Bolivia's beef exports in recent years: In 2017, Bolivia exported 2,457 tons of beef, valued at 11.
    8 million U.
    S.
    dollars; in 2018, it exported 3,069 tons of beef, valued at 14.
    8 million U.
    S.
    dollars ; In 2019, 4,915 tons of beef were exported, valued at US$24.
    3 million; in 2020, exports increased sharply to 15,926 tons, valued at US$70.
    1 million; in the first half of this year, exports of beef were 10,810 tons, valued at US$53.
    1 million
    .
     
      In terms of export markets, in 2020, China bought 84% of Bolivia’s export beef and was the main buyer, followed by Peru (10%) and Ecuador (5%)
    .
    The report reads: “Between 2016 and 2020, Bolivian beef exports and exports have both increased significantly (up by 550% and 490% respectively)
    .
    In the context of the new crown epidemic, Bolivian beef exports still hit a record of over 70 million U.
    S.
    dollars last year.
    At a record high, China is the largest buyer
    .
    "
     
      The report also shows that between 2010 and 2020, the number of cattle in Bolivia increased by 26%, that is, an increase of more than 2 million cattle
    .
    In 2020, the number of cattle herd will increase by 3.
    7% year-on-year, and the total number will exceed 10 million
    .
    In this context, Bolivia's beef production last year increased by 3.
    7% year-on-year, milk production increased by 0.
    9%, and leather products increased by 0.
    7%
    .
     
      In addition, in May of this year, Gary Rodríguez, General Manager of Bolivia IBCE (Gary Rodríguez) pointed out that during the 2020 COVID-19 pandemic and quarantine, the only industry that has not been suspended is agriculture
    .
    Export beef to China
     
      Bolivia's "Seven Pages" reported on August 21 that the report summarized Bolivia's beef exports in recent years: In 2017, Bolivia exported 2,457 tons of beef, valued at 11.
    8 million U.
    S.
    dollars; in 2018, it exported 3,069 tons of beef, valued at 14.
    8 million U.
    S.
    dollars ; In 2019, 4,915 tons of beef were exported, valued at US$24.
    3 million; in 2020, exports increased sharply to 15,926 tons, valued at US$70.
    1 million; in the first half of this year, exports of beef were 10,810 tons, valued at US$53.
    1 million
    .
     
      In terms of export markets, in 2020, China bought 84% of Bolivia’s export beef and was the main buyer, followed by Peru (10%) and Ecuador (5%)
    .
    The report reads: “Between 2016 and 2020, Bolivian beef exports and exports have both increased significantly (up by 550% and 490% respectively)
    .
    In the context of the new crown epidemic, Bolivian beef exports still hit a record of over 70 million U.
    S.
    dollars last year.
    At a record high, China is the largest buyer
    .
    "
     
      The report also shows that between 2010 and 2020, the number of cattle in Bolivia increased by 26%, that is, an increase of more than 2 million cattle
    .
    In 2020, the number of cattle herd will increase by 3.
    7% year-on-year, and the total number will exceed 10 million
    .
    In this context, Bolivia's beef production last year increased by 3.
    7% year-on-year, milk production increased by 0.
    9%, and leather products increased by 0.
    7%
    .
     
      In addition, in May of this year, Gary Rodríguez, General Manager of Bolivia IBCE (Gary Rodríguez) pointed out that during the 2020 COVID-19 pandemic and quarantine, the only industry that has not been suspended is agriculture
    .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

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