LatinNews Daily - 09 December 2025

*Uruguay’s national meat institute, Instituto Nacional de Carnes (Inac), has announced that revenue derived from meat exports will reach a historic maximum this year, predicting a total of US$3.33bn. Inac notes that while the Chinese market has seen “a significant drop in revenue” in recent years, it will close 2025 with a slight upturn compared to 2024, reaching US$971m, up 18% year-on-year and representing 29% of Uruguay’s total meat exports. In contrast, it states that the USMCA market (US, Mexico, and Canada) has seen “constant growth” and will close 2025 with a record value of around US$1bn, up approximately 38% on 2024. This makes it the main export destination for Uruguayan meat this year, with a 30% share of the total. Inac also highlights that exports to the European Union (EU) look set to rise 81% this year as compared to 2024, reaching a value of around US$700m. In 2025, beef sales volume is expected to be 11% higher than in 2024, with the highest average value in the last 10 years. In terms of volume, meat exports are expected to reach around 548,000 tonnes (t), with an average value of around US$5,000/t, up 40% on 2024, resulting in total beef revenues of around US$2.7bn.

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