Sales to the Middle Eastern country grew by 219.3% year-on-year, driven by frozen beef, according to a report by the UCU.
The exports to Israel tripled year-on-year in June, thanks to the start of sales of kosher meat which was authorized at the beginning of the year by the country of Middle East, According to a study prepared by the Institute of International Business (INI) of the Catholic University of Uruguay (UCU).
In line with the general improvement in placements, Uruguay exported a total of 11.8 million dollars to Israeli territory, which represents an increase of 219.3% compared to the same period last year.
According to data from the UCU report, 63.5% of sales to that destination were from frozen beef, This demonstrates the growing trade between the two countries, as sales to Israel totaled $53 million throughout 2023.
Brazil and China, main trading partners
Taking exports without counting free zones as a reference, Brazil became the main trading partner again, above China, with a year-on-year increase of 25.9%, with electricity at the top of the list, representing 36% of that figure, followed by dairy products (10%) and vehicles (9.6%).
However, taking the total, the data from the Uruguay XXI foreign trade report show that China, With sales of 536 million dollars, it remains the main export destination, above Brazil, with sales of 178 million dollars.
Exports to ASEAN
The UCU also surveyed the exports of goods to the Association of Southeast Asian Nations (ASEAN), a destination of interest to the government. Excluding free trade zones, which totaled $17.6 million in June, a year-on-year decline of 12.4%.
In this context, the main destination was Thailand, whose main acquisition was hides and skins for 4 million dollars, followed by Vietnam, with sawn wood (2.1 million) and Philippines, with whey (0.7 million).
Source: Ambito
