Colombia leads prices of beef exported by Paraguay

Colombia leads Paraguayan beef prices

Colombia has established itself as the destination offering the best prices for beef exported by Paraguay, alongside Israel and Brazil. The information was released by the Central Bank of Paraguay (BCP) in its latest Foreign Trade Report, which details the performance of the sector's exports at the close of September.

The survey indicates that the average implicit price of beef traded externally increased in most of the main buying markets. This movement reflects the appreciation of the Paraguayan product on the international stage and the competitiveness of the national livestock sector.

Main points of the report

• Colombia is among the markets that best remunerate Paraguay's beef.
• Israel and Brazil complete the group of main destinations with the best prices paid.
• The average implicit price of exports registered a generalized improvement in most markets.
• The data are part of the official balance sheet released by the Central Bank of Paraguay (BCP) for September.

Impact for investors and sector players

For foreigners operating in Paraguayan agribusiness, investing in livestock, or seeking business opportunities in the country, the rise in prices paid by demanding markets demonstrates the strength and continuous appreciation of animal protein produced in Paraguayan territory. The strengthening of these export routes consolidates the country as a relevant global player in the meat chain.

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