Sales of soybeans, wheat and corn grew, registering a total of US$3,943 million in exports.
The balance of exports during the month of September They presented a good campaign in the agribusiness. From the promotion of the production and sale abroad of soy, wheat and corn An interannual growth of 26% was achieved.
This sum represents a total of US$3,943 millionsome US$819 million more than the same period last year. The increase in foreign exchange from agriculture is also recorded so far in 2024: From January to September, there was a growth of 21% above the first nine months of 2023, which implies some US$6,061 million.
The soy continues to be predominant in the agribusiness exportswith a participation of 41% in the international sales of the sector, around an average sales of 471 dollars per ton. This contrasts with the reduction in the export price of cornwhich is close to the 207 dollars per tonin addition to expressing a 12% reduction in export volume compared to 2023.
The production diversification It was another of the good news for the sector. Barley, sunflower, legumes, cotton, sugar alcohol production, beef and beef leather continue to drive exports.
Exports would close the year with US$77,059 million
In September, Argentina had a trade surplus of US$981 million, marking its tenth consecutive month of positive balance. In this way, the country accumulates a trade surplus of US$15,075 million in the first nine months of 2024.
In that framework, the Chamber of Exporters (CERA) estimated that the year will close with accumulated exports of US$77,059 million, increasing its forecast from the US$75,388 million estimated last month. This data fills with expectations because the Government could achieve an entire year with trade surpluskey to increasing the supply of the dollar and sustaining demand.
By products, the four that increased the most in export value during Aug-2024 With respect to Aug-2023, they were flour and pellets from soybean oil extraction (US$395 million); crude soybean oil, whether or not degummed (US$267 million); crude petroleum oils (US$121 million) and gold for non-monetary use, crude forms, excluding powder, of gold alloy or gold bullion (US$75 million).
Source: Ambito
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