Paraguay's beef exports up 50% in first half
Paraguay's beef exports increased by 50% in the first half of this year, driven by the opening up of new markets such as Israel, Chile and Georgia. The country, which is among the ten largest exporters in the world, earned US$ 563 million revenue from in beef and derivative exports, compared with US$ 375 million in the same period in 2012, according to data from the study center, CADEP, based on information from Paraguay's Central Bank.
The increase came from markets that used to have bans in place on Paraguayan beef. Exports to Israel accounted for 9% of total sales, and chilled meat exported to Chile, a market that authorized exports from Paraguay only in June, now make up 4% of that exports made so far this year.