China cuts dairy imports by up to 16.5% in early 2026

A report from Argentina's Observatorio de la Cadena Láctea Argentina warns that China, the world's top dairy buyer, has reduced import volumes by up to 16.5% at the start of 2026. Prices in dollars are cushioning the decline while domestic production rises.

Argentina's Observatorio de la Cadena Láctea Argentina issued a report highlighting China's slowdown in dairy imports during early 2026. The document states that volumes purchased by the world's leading dairy buyer have dropped by up to 16.5%. This reduction marks a notable brake on acquisitions from international suppliers. However, prices in U.S. dollars have softened the financial impact of the decline. At the same time, China's domestic production is advancing, potentially contributing to lower import needs. The report underscores China's pivotal role in the global dairy trade, particularly for Argentine exporters, though it provides no specific figures on shipments from Argentina. This development occurs amid ongoing dynamics in the international milk and dairy products market.

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Argentine and US officials shake hands sealing trade deal expanding beef exports to 100,000 tons.
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Argentina signs trade agreement with the United States

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Foreign Minister Pablo Quirno announced a trade agreement between Argentina and the United States that expands the beef export quota to 100,000 tons and removes tariff barriers in key sectors. The deal aims to strengthen bilateral economic ties and could boost exports by up to $1,013 million. The agricultural sector, particularly meat exporters, hailed the pact as a major step forward.

The People's Republic of China announced safeguard measures for beef imports starting January 1, 2026, with country-specific quotas and 55% tariffs on excess volumes. These will affect Argentina, with limits of 511,000 tons in 2026, 521,000 in 2027, and 532,000 in 2028. Experts estimate the initial impact will be limited but could encourage market diversification.

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Building on China's safeguard measures announced January 1, 2026, which impose country-specific beef import quotas through 2028 with 55% tariffs on excess volumes (12.5% within limits), Argentina receives 511,000 tons—exceeding 2025 exports by about 100,000 tons—positioning it and Uruguay as key beneficiaries compared to Brazil and Australia. This eases concerns in Argentina's cattle sector, supporting growth without severe restrictions, though capping major expansions.

Bilateral trade between Chile and China reached $61.66 billion in 2024, an 8.6-fold increase from 2006. Chilean cherries have emerged as a key symbol of this partnership, with exports nearing $3.3 billion in the 2024/25 season. Industry leaders remain optimistic despite a slight volume decline.

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Argentina is projected to achieve a record in exports by 2026, surpassing $90 billion, driven by agriculture, energy, and mining sectors. This progress would provide relief to the Economy Ministry and Central Bank, which aim to boost reserves. The key challenge is sustaining competitiveness and accessing markets in a more restrictive global environment.

中国税関当局が日本産清酒や食品の輸入検査を強化し、通関手続きに遅れが生じている。貿易筋によると、この措置は11月の高市早苗首相の台湾有事に関する発言をきっかけに始まったもので、日本に対する経済的圧力を強める狙いがあるとみられる。2024年の日本産清酒の対中輸出額は116億7000万円で、最大規模だった。

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中国は2026年3月26日、2025年12月にメキシコが中国製品を中心に1,400品目以上の亜洲製品に対して課した関税に関し、報復措置をとる可能性があると警告した。この動きは、メキシコと米国とのUSMCA見直し交渉を複雑化させる恐れがある。マルセロ・エブラール経済相は、中国企業による国家支援を受けた不当廉売(ダンピング)を非難し、北京側の主張を一蹴した。

 

 

 

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