Sales in the sector closed May with an increase of 6.3% and advanced in 4 of the first 5 months.
The industrial exports They grew by 5% in the first 5 months of the year compared to the same period in 2023, with sales of 4,033 million dollars, according to the monthly report prepared by the Chamber of Industries of Uruguay (CIU).
From the CIU they specified that adding the placements of manufactures of industrial origin and those of agricultural sector, including those of cellulose and concentrated from free trade zone, May sales were 879 million dollars, a year-on-year increase of 6.3% when compared to the same month last year.
In this way, sales in the sector improved in 4 of the 5 months of 2024, with a single and pronounced drop in March, which reached 17%, associated with the “calendar effect” of the Tourism Week, which fell in that month this year, but occurred in April in 2023.
The improvement of the industrial core
With respect to exports of industrial core, which does not include cellulose and concentrates from free zones, total sales reached 636 million dollars in May, increasing 6% in the year-on-year comparison. However, in the accumulated annual period, they decreased 1.2% compared to the same period in 2023.
On the other hand, industrial monitoring revealed that placements measured in volumes physical activity increased by 6% in that comparison, which is due to the fall in prices of the products of the sector.
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Manufactures of industrial and agricultural origin
Exports of manufactured goods of industrial origin increased by 11.7% in May and totaled 142 million dollars, while in the accumulated annual period they verified an increase of 8.4%.
In particular, sales of motor vehicles, Pharmaceuticals and Manufacture of soaps and detergents, while those of Manufacture of basic chemical substances fell.
Regarding manufactures of agricultural origin, external sales stood at 494 million dollars, an increase of 4% compared to the same month in 2023, which contrasts with the decrease of 4.1% in the accumulated year.
In this sense, decreases of 33% were recorded in exports of Manufacture of malted drinks; 37% in the production of oils and fats; and 25% in the Preparation and spinning of textile fibers. On the other hand, leather sales increased by 41%.
Source: Ambito
