China now world top beef market, overtakes U.S. and New Zealand

— China overtook the United States as the biggest market for New Zealand beef
exports in 2019, the statistics department Stats NZ said on Thursday.

the year ended December 2019, beef exports to China rose 112 percent from 2018
to reach 1.7 billion NZ dollars (1.1 billion U.S. dollars). In contrast, beef
exports to the United States fell 20 percent to 956 million NZ dollars (622
million U.S. dollars).

became the number one destination for beef exports from New Zealand in
2019,” international statistics manager Darren Allan said in a statement.

2019, nearly half of the total value and quantity of beef exports were sent to
China. Around a quarter were exported to the U.S., reversing the figures for
2018 when it was the top destination,” Allan said.

average unit values of beef exports for the December 2019 year to China and the
United States both rose, by 12 percent and 15 percent, respectively, statistics

total value of beef exports to overseas markets was up in 2019, with higher
prices and greater volumes,” Allan said.

leads the increase in New Zealand exports, he said, adding that of the
country’s main export markets, China had the largest increase in annual
exports, up 21 percent from 2018.

to China were the leading contributor to New Zealand’s annual increases in
several primary sector export commodities in 2019, including dairy products,
beef, lamb, fish, and fruit, Stats NZ said.

to China have risen strongly in the last three years, and now make up 28
percent of New Zealand’s total value of exports, up from 24 percent a year
earlier, it said.
Source :   (Xinhua)  


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