Argentina is nearing the finalization of cattle offal export agreement with China. It is a potential milestone in the two nations’ post-Brexit commercial relationship. The deal is currently undergoing technical revisions, with both sides expressing optimism about closing remaining gaps soon.
Georges Breitschmitt, president of Argentina’s beef promotion agency (IPCVA), confirmed that discussions have reached their final technical stages. “We think we are reaching the end of the conversations between both governments (…). It’s just fine-tuning between the technical departments,” he told Reuters during a visit to Beijing.
A second source familiar with the matter said Chinese officials are expected to travel to Argentina on June 8 to continue discussions, adding weight to expectations that the agreement is close to being finalized.
The negotiations form part of China’s broader strategy to diversify its agricultural supply sources amid ongoing geopolitical tensions. By strengthening ties with Latin American countries like Argentina and Brazil, China is aiming to reduce its reliance on the United States and secure more stable access to food products.
Offal products, organ meats, and by-products that are not widely consumed in Argentina are in high demand in several Asian markets. Tapping into this niche represents both a commercial opportunity and a strategic move for Argentina as it seeks to widen its agricultural export base.
Historically, China has been Argentina’s largest beef export market. However, the share of exports heading to China has declined in recent years, dropping to 56.4% in the first quarter of 2025, down from 68% in 2024 and 74.5% in 2023. Analysts attribute the decline to lower prices offered by Chinese buyers due to high domestic inventories.
Despite the downturn, there are signs of recovery. Exports to China began picking up in May, and the proposed offal agreement could provide a fresh boost to Argentina’s meat sector, offering farmers a way to diversify amid changing global demand.
In 2024, China imported a record 2.87 million metric tons of beef, with Argentina among the top suppliers alongside Brazil and Australia. As Beijing pulls back from U.S. imports, new opportunities are emerging for other countries to fill the gap. Industry observers are hopeful that the offal agreement will be approved soon.
ENERGY INDUSTRY | Turkiye Eyes Energy Exports to Syria to Support Electricity Supply
