Mexico  

The Mexican economy had a GDP growth rate in 2004 estimated to be 3.5% and projected to be 3.3% for 2005.Consumer buying power continues to grow which is a positive indicator for future beef purchases. 

As of March 2006 the Mexican market is accepting boneless and most recently bone-in beef from animals under 30 months.

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Source: http://www.bigfoto.com

For many years Japan has been an important importer of Canadian Beef. Prior to 2003 (when the border was closed due to BSE) Canada exported approximately 25,000 tonnes of beef to Japan.

As of Dec 2005 access to the Japanese market has been regained.  Trade is limited to exports of beef from cattle under 21 months of age.  The return of beef from North America should reduce retail prices for beef in Japan which have increased considerably in the last couple of years.

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Prior to BSE, South Korea imported approximately 15,000 tonnes of Canadian Beef. It is anticipated that the market will reopen to Canadian beef in 2006. 

At present beef imports (from all countries) in South Korea are increasing with 2005 levels at approximately 198,000 tonnes.  This level represents an over 20% increase relative to 2004.

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Source: www.discoverhongkong.com

Canadian Beef Exports in 2005 are estimated to approach 20,000 metric tonnes, a substantial increase relative to previous years.

China's GDP growth for the third quarter of 2005 reached 9.1% and Honk Kong achieved 7%.  The strong economic data indicates future household expenditures are likely to increase, a positive indicator for purchases of products such as beef.

View Current Trade Headlines for China and Hong Kong

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Source: http://www.jhepple.com/

Prior to the closure of the border in 2003, a wide variety of Canadian beef products were sold to Taiwan. A level of 4,000-9,000 tonnes is  anticipated upon reopening of the border. 

View current trade headlines for Taiwan
 

 Export Statistics - click here

 CBEF Taiwan Website - click here

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  About Taiwan - click here

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