SME exports grew in the first five months of the year and reached US$3.822 billion

According to the SME Export Monitor (MEP) prepared by CAME, exports in the first quarter were worth US$1,143 per ton on average.

The exports of SMEs They grew by 13.3%, reaching US$3,822 million, which represents 11.8% of the total exported by the Argentine Republic in the period January-May, according to the Argentine Confederation of Medium-sized Enterprises (CAME).

In volume, SMEs exported 3.3 million tons, 14.7% more than the first five accumulated months of 2023. This similarity between the growth in USD and volume indicates a real growth in exports of small and medium-sized enterprises. With these values, they exported In the first quarter, it was $1,143 per ton, on average.

Of the 3,880 companies that sold abroad in the first quarter, 2,740 are SMEs; that is, in the period analyzed, 70.6% of operators are SMEs.

This emerges from the SME Export Monitor (MEP), an indicator developed by the Statistics and Reports sector, to measure the exports of small and medium-sized enterprises in the Argentine Republic. The measurement is based on the monthly monitoring of the operations of Argentine companies in foreign trade, discriminating by their SME status declared before the Secretariat of Small and Medium Enterprises, Entrepreneurs and Knowledge Economy, dependent on the Ministry of Economy of the Nation.

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According to the CAME Monitor, 14% more were exported than in 2023

SME exports: sector analysis

The MEP analyzes 16 headings that group the tariff items from chapter 1 to 99 of the Common Nomenclature of Mercosur, amendment 2024.

In the first five months of the year, 5 of the 16 items analyzed showed fallswith tobacco and derivatives being the category with the greatest decline (-69.8%). On the other hand, the category with the greatest growth in dollars was that of various manufactures (1,963%); while in tn., the greatest increase corresponded to the category of textiles and textile manufactures (528%).

34.2% (USD 1,305.7 million) of the exports of Argentine SMEs They had South America as their main destination, highlighting Brazil and Chile as the most important partners.

The second most important continent for Argentine small and medium-sized businesses was Asia (24.6%), with China, Russia and Israel as the main trading partners.

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