Argentina has reached 50% occupancy of its beef supply quota to China this year.

China's Ministry of Commerce announced on Wednesday (05) that beef imports from Argentina have exceeded 50% of the safeguard quota established this year by Beijing. This figure does not include shipments in transit; only those that have been cleared under customs inspection since January 1st. At the end of last year, China established annual and individual import quotas for its main beef suppliers, aiming to protect local producers facing an oversupply scenario. Shipments exceeding the quota will be subject to a 55% surcharge. Argentina received a quota of 511,000 tons for 2026; for 2027 and 2028, this number will increase to 521,000 and 532,000 tons, respectively. Brazil received a quota of 1.106 million tons for this year and has already occupied 79% (872,250 tons) by the end of June, according to the most recent data from the General Administration of Customs of China (GACC). However, market analysts believe the quota has already been fully met, considering shipments in transit. Australia was the first country to fully complete its export quota of 205,000 tons of beef to China, as reported by Beijing on June 19.

This text was translated by machine from Brazilian Portuguese.