Page 41 - Minerva Foods | Annual Report 2017
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Argentine exports grew by 44% from 2016 to 2017, reaching 226,100 tons, providing revenue of US$1.4 billion, 36% over the previous year, with most exports going to Asia and Europe. Only China, the top destination, saw growth in volume, accounting for 76% of exports in 2017.
Outlooks related to beef exports for the indus- try in Argentina remain positive for the coming years. In addition to a favorable economic en- vironment, with a managed floating exchange rate, the current government has played a fun- damental role in proactively opening markets, with high hopes in relation to the USA and Chi- na. The meat industry is among the main topics on the government agenda.
“What is evident is that from the start Minerva
knew what it wanted to be and what it
wanted to do.”
Luis Ricardo Luz
COO Beef Brazil-Colombia
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