MiPyMEs exported US$10.8 billion in 2021, a record figure in six years

MiPyMEs exported US.8 billion in 2021, a record figure in six years

In a statement, it was noted that the sector that increased its volume of exports the most was Fuel and Energy, which went from US$400 million in 2020 to US$700 million in 2021 -the highest value since 2012- with an increase of 72.1% in its external shipments to Brazil, China, the United States, Chile and Uruguay, as main destinations from exportation.

“Last year, 7,577 MSMEs sold their products abroad, exceeding the 7,240 that had exported in 2020. In this way, last year the exporting MSMEs represented 89% of the total number of companies that made foreign sales,” detailed the production portfolio.

For their part, MSME exports of manufactures of industrial origin (MOI) rose from US$2.1 billion in 2020 to US$2.9 billion last year, which implied a year-on-year growth of 36.6%, while exports Foreign shipments of Primary Products rose by 8.9% (from US$3.8 billion to US$4.1 billion).

On the other hand, manufactures of agricultural origin (MOA) registered a drop of US$3,000 million to US$2,900 million.

According to the portfolio led by Matía Kulfas, the top five destinations of exports from MSMEs were Brazil (US$1,712 million), China (US$1,296 million), U.S (US$1,193 million), Chile (US$824 million) and Uruguay ($558 million).

The highest year-on-year growth in external shipments occurred with Uruguay (40%), the United States (28%) and Chile (27%), while China and Brazil presented variations of 18% and 7%, respectively.

“The economic and productive activity of our country is recovering and in order for us to consolidate this improvement we need to have more foreign currency, which when it is genuine comes from export development,” said the head of the Secretariat for Small and Medium Enterprises and Entrepreneurs, Guillermo Merediz.

Through the SME Exporter Federal Development Plan, Last year, the secretariat assisted more than 10,000 SMEs with $15 billion to improve export skills.

Lines were also granted at subsidized rates by the National Fund for Productive Development (Fondep) for more than $3,420 million and promotional actions were carried out in 15 countries for productive sectors such as agricultural machinery, machinery for food, wine, food, ICT, textiles, footwear, musical instruments, medical equipment, games and toys, among others.

Sales of Argentine products abroad reached US$77,934 million in 2021, the highest figure since 2012 and the second year with the largest amounts exported in the last decade, only behind 2019.

Source: Ambito

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