Exports recover and achieved their second consecutive increase

Exports recover and achieved their second consecutive increase

December 1, 2023 – 16:59

Loans grew 8% year-on-year in November, driven by meat, pulp and dairy, according to data from Uruguay XXI.

Photo: Pixabay

The exports of goods increased by 8% and signed their second consecutive increase, after totaling 962 million dollars, in a calculation that includes the free trade zone, according to the report of foreign trade which he does on a monthly basis Uruguay XXI.

The improvement in loans was driven by sales of beef, which recovered 25% year-on-year and represented revenues of 242 million dollars, along with the cellulose and the products dairy, despite the fact that both items fell 2% and 10%, contributing 141 and 72 million dollars, respectively.

The rest of the categories showed an increase in applications for exports. The concentrates of drinks improved their performance by 40%, implying sales of 67 million dollars, while the meat byproducts they grew by 68%, meaning 47 million dollars.

In turn, the placements of rice increased by 6% and stood at 42 million dollars last month, while the wood It represented 40 million, with an increase of 13%. He wheat, Meanwhile, it reaped foreign exchange for 28 million dollars, with an increase of 12%.

Finally, the products pharmacists remained at 27 million dollars and sales of malt They increased by 42%, representing 26 million.

Graphic Uruguay XXI.jpg

Brazil and China continue to be Uruguay’s main partners

When investigating the exports by destination, the main trading partner remains Brazil, represented 16% of the total and with a growth of 26% compared to the same month last year, totaling 162 million dollars in November.

Meanwhile, prior to the signing of the new strategic alliance, China It ranked second with 18%, with placements of 151 million dollars, 16% more than the same month in 2022.

The podium was completed with the European Union, with 10%, with sales of 84 million dollars and a year-on-year growth of 23%. Further back they appeared USA with 8% of the total and Argentina, with 4%.

Source: Ambito

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