Top beef exporters of the world | Inquirer Business

Top beef exporters of the world

/ 09:53 PM August 30, 2018

NEW DELHI — Over the last five years beef exports have increased worldwide as the demand for meat has increased. USA is the world’s top beef exporter. The country’s beef exports accounted for 12.9 percent of total production in 2017. The country exported beef worth US$6.2 billion, according to data collected by Canada-based organ firm, World’s Top Exporters.

Australia is the second largest beef exporter with exports worth US$5.8 billion. The country has about 3 percent of the world cattle and buffalo inventory and produces 4 per cent of the world’s beef supply.

Article continues after this advertisement

Australia is followed by Brazil which is the third highest exporter of beef. The increase in demand for beef world over has also seen an increase in the value and volume of the Brazilian beef exporters association. In 2017 Brazil beef exporters generated US$ 5.1 billion, 26 percent more than the previous year.

FEATURED STORIES

India is the fifth highest beef exporter with export value worth US$ 3 billion. Although the country has strictly banned slaughtering of cows within the country as cow is considered sacred to Hindus, the beef exports of the country have never seen much of a dip. India is followed by Ireland, New Zealand and Canada.

Canada beef exports were worth US$1.6 billion in 2017. The country’s exports were up by 5 percent in 2017 and it aims to increase the production by as high as 35 percent per year.

Article continues after this advertisement

Beef from Poland has enjoyed a good market in Italy and the country has expanded its export market to Turkey and Netherlands. Saudi Arabia also lifted the ban on Polish beef which increased the country’s exports to put in the top ten countries.

According to the data European countries accounted for the highest dollar worth of exported beef during 2017 with shipments valuated at $14 billion or roughly one-third (31.5%) of the global total.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Asia, beef, Business, Export

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.