After Brazil, Uruguay was second in the number of foreign tourists who vacationed in the neighboring country.
Despite the reduction in exchange difference with Argentina, still the Uruguayans They continue to choose that country as one of the main vacation destinations because the exchange rate remains favorable for citizens on this side of the country. Silver river.
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Just over 460 thousand foreign tourists arrived at the Argentina in the first two weeks of January, which represents an increase of 33.5 percent compared to the arrivals registered in the same period of the previous year, while the total estimated expenditure increased by 10.5 percent, since it exceeded the 312 million dollars, it was officially reported this Saturday.


The countries with the largest share of total tourist trips were the neighboring ones: Brazil (23.6 percent), Uruguay (14.3 percent) and Chili (12.7 percent), while in fourth place was USA, with 11.1 percent and a total of 51,403 tourists, indicated a statement from the Ministry of the Interior of Argentina.
The land route was the one with the greatest growth compared to the same period of the previous year, with a total of 217,155 tourists, which represented an interannual variation of 36.9 percent, while the river/maritime route increased by 29.5 percent and the air, 31.1 percent.
Regarding the arrival of cruise ships, The 2023-2024 season will be a record, with a 30 percent growth in tourists and 8 percent in calls over the previous season, which involves more than 700 calls and 750,000 passengers throughout the country. This phenomenon coincides with Uruguay since many cruises have routes that coincide with Montevideo either Punta del Este and the Argentine city of Buenos Aires.
The exchange difference reduced and sales on the coast increased
The exchange difference with Argentina It was one of the phenomena with the greatest impact on the Uruguayan economy and was felt mainly on the coast, with a 50% decrease in the sales of the supermarkets, According to an estimate of the Supermarket Association of Uruguay (TO ITS).
ASU general manager Daniel Menendez, He admitted in dialogue with Telenoche that, despite the level of inflation, The sector has no room to update values. “If companies wanted to raise our price list, we can’t take it because we don’t sell. The competition is very tough next to Argentina”, expressed about the price gap.
About this situation, Menendez admitted that it generated an increase in workers in unemployment insurance, since the main objective is “not to close stores.”
At the same time, he assessed that there was a recovery in December in businesses nationwide, compared to October and November “when people bought thinking about the holidays, added to the merchandise that enters illegal”.
Source: Ambito