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China probe a new blow to Brazil meat industry.
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Brazil accounted for more than 50 percent of broiler product supplies to China, and China is the world's No.2 poultry consumer.
In 2010, Brazil replaced the United States as the top chicken supplier, because China slapped anti-dumping duties on USA broiler chicken products at that time.
China is the biggest national consumer of Brazilian meat.
In 2016, Brazil accounted for 85% of China's frozen chicken imports---almost 600000.00 tons valued at as much as USD1.23 billion, according to customs data.
In 2017, demand and output are expected to hit their lowest since 2006.
Import prices from Brazil have remained low in comparison, making it hard for the local industry to compete.
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Post comment Comment (1 replies)
- Reply wangjide01
- It's a good thing to further trade with other countries besides American. We have to face so many unfair economic burden such as high revenue ratio to sustain trade with American. It is a big risk to put too much trade on American.
