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26

2023

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05

Uruguay's Minister of Agriculture Visits China

Source:

OIG Research

Uruguay, a Latin American country renowned for its agricultural export trade, is eager to strengthen its economic and trade connections with China by signing a free trade agreement. In April of this year, the Uruguayan Foreign Minister visited China, followed by a visit from the Minister of Agriculture in May, both aimed at securing more opportunities for agricultural product exports to China.

 

Uruguay, a Latin American country renowned for its agricultural export trade, is eager to strengthen its economic and trade connections with China by signing a free trade agreement. In April of this year, the Uruguayan Foreign Minister visited China, followed by a visit from the Minister of Agriculture in May, both aimed at securing more opportunities for agricultural product exports to China.

 

Since 2020, China has emerged as Uruguay's top export market and the second-largest source of imports, making it Uruguay's most significant trading partner. China's primary imports from Uruguay include beef, soybeans, and pulp. Over the years, Uruguay has successfully gained market access for its agricultural products, with the latest achievement being the approval of frozen beef bone imports into China on May 10th.

 

On the morning of May 23rd, Deputy Administrator of the General Administration of Customs, Lv Weihong, held a meeting with Fernando Mattos, the Minister of Livestock, Agriculture, and Fisheries of Uruguay. Witnessed by Lv Weihong and Mattos, the two parties signed the minutes of the 7th China-Uruguay Technical Consultation Committee on Sanitary and Phytosanitary (SPS) Measures. The meeting also addressed the progress made regarding other market access requests from Uruguay. The General Administration of Customs of China expressed its commitment to advancing the necessary risk assessments for specific products, including poultry meat, beef by-products, dried beef, horse meat, beef and sheep casings, honey and other bee products, bovine semen, and embryos.

 

Uruguay is a leading agricultural exporter, and China stands as its primary trading partner. In terms of food safety, Uruguay holds significant importance and serves as a reliable cooperation partner for China. By promoting collaboration between the two nations in the import and export of food and agricultural products, China's food security can be further safeguarded.

 

China primarily imports beef and lamb from Uruguay. Since 2013, China has become Uruguay's largest market for beef exports. Over the past decade, beef trade between China and Uruguay has flourished, with increasing quality and quantity. Uruguay has gradually become one of the major suppliers of beef to China. Recognizing China's strong demand for beef in its food market, more than 60% of Uruguay's beef exports are destined for China. In 2022, China imported 345,500 tons of Uruguayan beef, amounting to a total import value of $1.819 billion. Uruguay ranks the third beef source country for China after Brazil and Argentina.

 

This meeting signifies a further expansion of agricultural and food product trade between China and Uruguay, paving the way for a greater variety of high-quality Uruguayan food and agricultural products to grace the tables of Chinese consumers.