Trade4go Summary
China has approved a protocol allowing the import of pecan nuts, along with almonds, hazelnuts, and pistachios, from Argentina. This comes after years of negotiations that began in 2018. Argentina, a significant producer of pecans, currently exports two-thirds of its production. The sector has invested in new shelling plants in anticipation of direct shipments to China, which could account for nearly 40% of its total exported volume. The potential impact of the new electoral scenario in the United States and tariffs on China, Mexico, and Canada on the global pecan trade will be discussed at the annual meeting of the pecan cluster.
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Original content
Although China's decision to reopen the import of chicken and other poultry by-products from Argentina seemed to dominate all the headlines, that country's General Directorate of Customs also made progress on another point of great importance to the local regional economy. This is the approval of a protocol authorizing the import of pecan nuts, which will also be extended to other nuts, such as almonds, hazelnuts, and pistachios. "Last Monday, with the visit of the Chinese Vice Minister of Customs to Argentina, the protocol authorizing the import of nuts was signed. For us, this is a milestone because these negotiations began in 2018. Seven years and three administrations have passed. Pecans, in particular, have significant relative weight because China is the main importer of this nut in the shell worldwide, accounting for 60% of the total volume," Nadia Veinticinque, manager of the Pecan Cluster, told Bichos de Campo. Although one might think this is the first entry of this ...