Overseas Agricultural Information Bulletin (Issue 473)

In August 2024, New Zealand saw a 19% year-on-year decrease in red meat and edible offal exports, with mutton exports falling by 27% and beef exports by 15%. Dairy product exports also decreased by 8.1%. On the other hand, Brazil's agricultural product exports in the same month reached US$14.14 billion, with soybeans, meat, and sugar being the primary exports. China remained the largest market for Brazil's soybean exports. Over the 12 months leading up to August 2024, Brazil's agricultural product exports increased by 1.6% year-on-year, totaling US$165.76 billion.

2. According to the website of the New Zealand National Bureau of Statistics, in August 2024, New Zealand's exports of red meat and edible offal were US$303 million, a year-on-year decrease of 19%. Among them, the export value of mutton was US$104 million, a year-on-year decrease of 27%; the export value of beef was US$174 million, a year-on-year decrease of 15%. The export value of milk powder, butter and cheese was US$540 million, a year-on-year decrease of 8.1%. 3. According to the website of the Brazilian Ministry of Agriculture and Livestock, in August 2024, Brazil's agricultural product exports reached US$14.14 billion. Among them, soybeans and their products were exported for US$4.47 billion, meat exports were US$2.17 billion, and sugar exports were US$1.79 billion. China continues to be ...