TNF
No Result
View All Result
  • Login
  • Home
  • National
  • World
  • Politics
  • Economy
  • Health
  • Culture
  • Lifestyle
  • Controversies
  • Interviews
  • Tech
  • Opinion
  • Home
  • National
  • World
  • Politics
  • Economy
  • Health
  • Culture
  • Lifestyle
  • Controversies
  • Interviews
  • Tech
  • Opinion
No Result
View All Result
TNF
No Result
View All Result
Home Business

Pakistan Successfully Set To Export Beef To China

For the first time, Pakistan has won China’s approval for meat export within the close to future, which would open a new meat export market for the country

Kainat Ejaz by Kainat Ejaz
July 12, 2021
Reading Time:2 mins read
1
Pakistan Successfully Set To Export Beef To China

Pakistani private listed firm named Organic Meat has been awarded approvals and registration from China to export heat-treated beef.

RELATED POSTS

Mini Budget: An Overview of The Way Forward

Pakistan trade deficit doubles in 6 months

Tarin hopeful for broadening the trade, economic relations with GCC

“The Organic Meat Company has received approval and has been granted registration by the Chinese Customs authorities for export of heat-treated meat China,” announced Company Secretary Abdul Qadir in a notification sent to the Pakistan Stock Exchange (PSX) on Friday.

The company has established the heat treatment process to which foot and mouth disease virus can be removed from beef meat,” the company said. “This process will enable us to access more markets for value-added meat products.”

China is one of the world’s largest beef consumers and that imports half a million tons annually to reduce the gap in demand and supply. In February 2021, it imported meat worth $2.21 billion that is 10% higher as compared to last year. This is a great opportunity for Pakistani business entities to take benefits from exports to China.

Pakistan’s meat corporations have been enhancing their exports in the recent period to totally different areas. According to the Pakistan Bureau of Statistics, Pakistan’s meat and meat preparation exports stood at only $216.2 million in the first eight months (Jul-Feb) of the current fiscal year. They rose 2.6% compared to exports of $210.73 million in the same period of the previous fiscal year. In Feb 2020, Malaysian authorities also approved two Pakistani establishments for exporting meat and its allied products to Malaysia.

View more for the latest updates

The exports of meat and meat merchandise by Pakistan is steadily increasing due to the adoption of new technologies and excellent quality. March this year, Pakistan exports are increased to $2.3 billion, It is the monthly highest in last ten years.

According to data from market research and corporate management consulting company Coherent Market Insights, the global Halal food market was valued at $715 billion in 2018 and is expected to grow at a CAGR of 12.7 percent in the coming years (2019-2027).

Pakistan has a considerable share of the Halal market and is in a good position. Thus, there is a need to establish Halal meat processing zones as well as ensure animal vaccination. Currently, Pakistan’s meat is mainly being exported to Gulf countries, UAE, Saudi Arabia, Kuwait, and Bahrain, Vietnam, and Malaysia.

Tags: Exports of PakistanPakistan meat export
ShareTweetSend
Kainat Ejaz

Kainat Ejaz

Related Posts

Mini Budget session at parliament
Economy

Mini Budget: An Overview of The Way Forward

January 27, 2022
Pakistan trade deficit doubles in 6 months
Economy

Pakistan trade deficit doubles in 6 months

January 6, 2022
Tarin hopeful trade economic relations GCC
Economy

Tarin hopeful for broadening the trade, economic relations with GCC

January 6, 2022
Services International Hotel's privatization
Economy

Services International Hotel’s privatization transaction completes

January 6, 2022
CPEC Eastern Route completes
Economy

79% of CPEC Eastern Route completes, 21% remaining

January 3, 2022
Pakistan Customs Joins TradeLens as the First Authority in the Region to Intensify Efforts in Digitizing Supply Chains
Economy

Pakistan Customs Joins TradeLens as First Authority in region to Digitize Supply Chains

December 28, 2021
Next Post
Where you can find the Russian Sputnik V Vaccine in Pakistan?

Where you can find the Russian Sputnik V Vaccine in Pakistan?

Pakistan’s Cement Sales In March 2021 Record The Highest-Ever Monthly Growth

Pakistan’s Cement Sales In March 2021 Record The Highest-Ever Monthly Growth

Comments 1

  1. Pingback: Pakistan’s Cement Sales In March 2021 Record The Highest-Ever Monthly Growth - TNF

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

ADB, Pakistan sign six Financing Agreements of US$1,543 Million

ADB, Pakistan sign six Financing Agreements of US$1,543 Million

December 22, 2021
Jammu and Kashmir Remains Under lockdown

Jammu and Kashmir Remains Under lockdown

June 23, 2021
Al Qaeda and Taliban in Afghanistan

Al-Qaeda’s Return and Taliban Strength After the Withdrawal of Foreign Troops from Afghanistan

July 9, 2021

Popular Stories

  • Zahir Jaffer and Noor Muqaddam

    All You Need to Know About Zahir Jaffer and Noor Muqaddam

    0 shares
    Share 0 Tweet 0
  • Current Challenges Faced by Pakistan Textile Industry 

    0 shares
    Share 0 Tweet 0
  • Zahir Jaffer confronts Noor’s father in court, seeks pardon

    0 shares
    Share 0 Tweet 0
  • Jaffar Brothers distances itself from Zahir Jaffer

    0 shares
    Share 0 Tweet 0
  • US Embassy issues official statement on Zahir Jaffer

    0 shares
    Share 0 Tweet 0
TNF

The National Frontier is a publication focusing on regional and global issues, borders and frontiers across the world.

Recent Posts

  • A New Challenge: Forest Fires in Pakistan
  • There is a Looming Water Crisis in Pakistan
  • Yasin Malik is the symbol of freedom for Kashmir

Categories

  • Business
  • Controversies
  • Culture
  • Economy
  • Featured
  • Health
  • Interviews
  • Lifestyle
  • National
  • Opinion
  • Politics
  • Tech
  • Travel
  • Uncategorized
  • World

About Us

  • About TNF
  • Our Contributers
  • Subscribe
  • Privacy Policy
  • Advertise
  • Contact Us

© Copyrights 2021 The National Frontier. Powered by Effiesoft

No Result
View All Result
  • Home
  • National
  • World
  • Politics
  • Economy
  • Health
  • Culture
  • Lifestyle
  • Controversies
  • Interviews
  • Tech
  • Opinion

© Copyrights 2021 The National Frontier. Powered by Effiesoft

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?