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ANALYSIS: Korea’s April 2025 Beef Imports Slip MoM to 38,068 mt
Korea’s beef imports in the month of April 2025 amounted to 38,068 metric tons (mt), slipping 5.3% month-on-month (MoM), according to the latest data from Korea Customs Service.
In line with historical trends, the 2,130 mt monthly decrease was driven by lower in-bound shipments across key suppliers such as the United States (US), Australia, Canada and New Zealand.
Annually, April imports firmed 1.5% year-on-year (YoY), a modest increase of 555 mt, led by higher tonnage from Australia and New Zealand while supply from the...
ANALYSIS: Australia’s April 2025 Beef Exports Rebound 18.5% MoM as Cyclone Effects Fade
Australia exported 127,173 metric tons (mt) of beef in April 2025, up 18.5% month-on-month, as shipments rebounded sharply from a weather-disrupted March, according to data from the Department of Agriculture, Fisheries and Forestry (DAFF).
Shipments recovered following logistical interruptions caused by Ex-cyclone Alfred, during Australia’s most active tropical cyclone season in two decades. Port closures and road disruptions across Queensland, the country's key processing hub, had weighed heavily...
ANALYSIS: China Set to Trigger Safeguard Mechanism on Australian Beef Imports for the 5th Time
Australian beef imports into China may soon face a 12.0% Most-Favoured Nation (MFN) tariff rate, as the Special Agricultural Safeguard (SSG) mechanism is set to trigger for the fifth time.
Following previous activations in 2018, 2019, 2020, and 2023, this tariff applies for the remainer of the year if imports from Australia exceed 178,418 mt in 2024.
Based on the data from the General Administration of Customs of the People's Republic of China, imports from Australia at the end of July...
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