As reported by Reuters, 25 meatpacking plants in Argentina have been given access to export pork to China. In a statement, Argentine president Mauricio Macri announced on Tuesday (30 April) that it had obtained access.
The deal was struck to help bolster Argentina’s trade balance due to volatility of the peso. There are also concerns of a shortage of pork in China due to a high number of reported incidents of African Swine Fever in Asia.
Argentina has been on a roll of late in terms of exports. It re-entered the Tunisian beef market for the first time in six years in January of this year, while in December 2018, it made its first shipment of beef to the US after 17 years.
Elsewhere, Spain reported a 53.7% growth in pork exports to Vietnam during 2018, while Danish Crown was forced to work over public holidays in order to meet demand from China for its pork products.