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Paraguay - Exports to Russia increases.
August 1, 2018

Paraguay - Exports to Russia increased 63% in the first half of the year.

Russia consolidated, by far, as the main destination of the Parag uayan beef industry during the first half of the year. Of the 129,258 tons exported, it took 60,248, 47% of the total and 63% more than in the first six months of 2017. The suspension of Brazilian beef imports left room for Paraguayan production, which also had complicatio ns in sales to Chile, its main destination until this year, so it redirected exports to the Russian market. The loss of competitiveness in the Brazilian market is also influenced by a much higher price for livestock in Paraguay than in Brazil. Exports to its neighbour fell 33% in the semester.

The total v olume exported in the semester is 5% lower in the annual comparison, with an average value that increased 3.3% to US$/t 4,364, according to Customs.

In June, Paraguay exported 23,745 shipment weight tons of fresh beef, at the same levels of the previous two months.

As a destination, Russia dominated widely with 10,876 tons in the month, followed by Chile with 5,422 tons, the vast m ajority chilled beef. The third destination was Israel with 1,661 tons, followed closely by Vietnam with 1,219 tons.

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