The sector’s placements improved in six of the first seven months and have accumulated a year-on-year increase of 6.8%.
The industrial exports increased by 15.8% year-on-year in July and totaled 840 million dollars, reaffirming the positive trend so far this year, with increases in all months except April.
The sector’s foreign sales totaled 5.665 billion dollars between January and July, which represents an increase of 6.8% despite the fall in some prices, according to a survey by the Chamber of Industries of Uruguay (CIU), based on data from SmartDATA and Uruguay XXI.
The survey showed that the placements of the industrial core, not counting cellulose and concentrated from free zones, They also increased last month by 14.4% year-on-year, reaching a total of 581 million dollars.
In this case, the exports In the annual cumulative they also increased but only 0.5% compared to the same period in 2023. In addition, measures in physical volumes, Sales increased by 7.7% so far this year, which is explained by the year-on-year drop in industrial prices.
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The performance of major manufacturing
When broken down by type of manufacturing and excluding free trade zones, exports of Manufactures of Industrial Origin (MOI) stood at $171 million in July, representing an increase of 27% compared to the same month in 2023 and 9.5% year-to-date.
In turn, the Manufactures of agricultural origin (MOA), had exports of 410 million dollars last month, an increase of 9.8% year-on-year, while so far this year they registered a decrease of 2.2%.
By category, among the MOI mines and quarries rose by 267%, pharmaceutical products improved by 46% and vehicles 41%, while lifting equipment fell by 40%. In the case of the MOA, sales of wood sawmill grew by 31%, those of milk products 17% and those of meat products 14%, while those of milling products fell by 8%.
Source: Ambito
