China is largest buyer of Uruguayan beef in 2016

Source:Xinhua Published: 2017/1/8 8:13:59

In 2016, China was once again the main purchaser of Uruguayan beef, having purchased 188,411 tons of the meat, a 15.8 percent rise over 2015, according to data from the National Institute of Meats.

In 2016, Uruguay gained 624 million US dollars from its exports of beef to China, which has long been a reliable source of revenue for the country, as published by local daily El Pais on Saturday.

The NAFTA bloc which groups the United States, Canada and Mexico was the collective second market for beef, having bought 99,902 tons, a 9.2 percent rise, with the US alone claiming 69,837 tons.

In third place, the European Union bought 54,616 tons, a large 16 percent rise, the data showed.

The South American country made a total of 1.474 billion US dollars from beef exports around the world in 2016, the data revealed.

Posted in: ECONOMY

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