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2021 China International Meat Industry Conference Opens

发布时间:2021.10.11

 2021 China International Meat Industry Conference Opens | China and Uruguay National Meat Association to Sign Strategic Cooperation Agreement. For more information on export to China, please call SINOLOBEN, service Email: sinoloben@sloben.com.

1631698058546


From Sep. 13 to 17, 2021, "2021 China International Meat Industry Week" co-sponsored by the China Meat Association (CMA) and the World Meat Organization (IMS) was held in China’s Shandong province. During the conference, the China Meat Association and the Uruguay National Meat Association will sign a strategic cooperation agreement.

 
Earlier, the Uruguayan government stated that it was in contact with China on a free trade agreement. China is Uruguay’s main business partner, but Uruguay’s exports to China are still concentrated in a few products and companies. The Uruguayan government seeks to start negotiations on a free trade agreement with China, which will help Uruguay's trade shift to the Asia-Pacific region.
 
The FAT with China can not only make Uruguayan products that have been exported to China more competitive, but also promote the export of new products to China.
 
The National Meat Institute of Uruguay (INAC) recently issued a report analyzing the impact of tariffs on the meat industry of the signing of a free trade agreement between Uruguay and China. The most important factor in meat exports to China is tariff. Uruguayan meat exporters are expected to pay more than 150 million U.S. dollars in tariffs to China in 2021. This figure is higher than 2020 and basically the same as 2019. FTA might greatly reduce this tariff, or even exempt it. But a FAT won’t guarantee that the profits generated by the reduced tariffs will be fully absorbed by the Uruguayan meat export industry.
 
At present, China only opens beef and mutton products to Uruguay. The FTA might help Uruguay's poultry and pork to qualify for exports to China.
 
China is the world's most important meat importer, accounting for almost one-third of global imports. In 2020, China's meat imports will exceed 28 billion U.S. dollars, accounting for 30% of global imports. In addition, the growth rate of China's meat imports is also very prominent. From 2010 to 2020, the average annual growth rate of all Chinese meat imports is 38%.
 

In the first eight months of this year, Uruguay’s meat exports to China amounted to 935 million U.S. dollars. Various indexes indicate that Uruguay's domestic beef production has increased, and exports to China will also increase accordingly. If the current export rate is maintained, Uzbekistan's total meat exports to China may reach 1.4 billion U.S. dollars in 2021.


For further questions about China's imports & exports, please contact:

Ms. Linda Li

0086(0)21 3538 3306

sinoloben@thecustoms.com.cn

 

As food importer & food distributor based in Frankfurt and Shanghai, Sinoloben Europa Trading GmbH helps client export to China and bring your food products to International Expo, e.g. China International Import Expo (CIIE), the world's largest import-themed expo.  Transferred from the network, such as intrusion and deletion.


            

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