During the period analyzed, there was also high volatility in international prices, as well as the opening of new markets to sell the various products and by-products of the regional economies, CAME said. Likewise, it should be noted that from the second half of 2024 The situation changed, as a result of lower and higher inflation, he added.
With this increase, regional exports reached US$8,941 million exported in the period December 2023-November 2024, having imported US$959 million, which results in a trade surplus of US$7,981 million.
Exports from regional economies: main complexes
Sugar complex: During the period December 2023-November 2024, the sugar complex registered a growth of 848.4%, reaching US$360.7 million exported. The main export destinations of this complex were the United States (US$207.1 million), Chile (US$102 million) and Canada (US$21.9 million), that is, these three countries accounted for 91.8% of complex operations.
The complex with the greatest growth in volume is the sugar industry, having reached 534,919 tons exported and representing 593.4% more than in the previous period compared (December 2022–November 2023). The price/ton ratio increased 36.8%, establishing an average price of US$674.2. Unlike what happened in the 2022-2023 period, the increase in both dollars and tons is due to the good weather year, which translated into greater supply, with the surpluses having to be exported.
Fruit complex (stone): The second complex with the greatest growth in volume is the fruit (stone) complex, which exported a total of 15,051 tons during the period December 2023 to November 2024, which represents an increase of 151.8% compared to the same period of the previous year. (2022-2023). The average price per ton of this complex was US$2,248.2, presenting an increase in the export price of 29.6%. Compared to the previous period compared, the increase in both dollars and tons reflects the growth of international trade in products such as cherries and peaches (the latter was once again exported to Brazil).
The second complex with the greatest growth was fruit (stone), reaching US$33.8 million and an increase of 226.2%. The main destinations of this complex were China (US$8.8 million), the United States (US$7.4 million) and Brazil (US$6.9 million), concentrating 68.3% of the operations.
The province of Buenos Aires, plus CABA It is the main exporting region of the country, representing 50.6% of the total exported in dollars by the regional economies. In the period analyzed, Buenos Aires and CABA had export revenues of USD 4,526.3 million, which represents a year-on-year increase of 34.7% in exported dollars, being the second region with the highest growth in this regard. The most representative complex in its exports was porcine and goat, having sold USD 432.4 million, that is, 9.5% of the total exported by the region.
For its part, the region comprised of the provinces of Córdoba, Entre Ríos and Santa Fe (center) exported US$1,775.9 million, 19.9% of the country’s foreign sales. Córdoba, with US$856.5 million, was the province that exported the most. Compared to the same period last year, the region’s international trade marked an increase of 41%, the largest of all the regions analyzed. The complex manisero was the most representative, having sold a total of US$1,068.7 million, which represented 60.2% of the total exported by the region.
Exports from regional economies: main destinations
Next, the export destinations of the regional economies are analyzed. It is important to clarify that the data analyzed only includes the ports of destination and, for logistical reasons, an export is made to a certain port, but it is not necessarily the country where the product will be sold or consumed.
This happens for various reasons (size of the port, draft, weight of the merchandise, logistics capacity, etc.). As an example, it can be seen that in Europe the Netherlands is the main destination on the European continent, which does not mean that this destination has more importers than the rest, but rather that it is where, logistically, it is convenient to send the merchandise, since the Rotterdam port is the largest in the EU.
Europe: In first place, having been the destination of 32.5% of regional sales abroad, is the European continent, to which a total of US$2,906.5 million was exported. Compared to the previous period, this number represents an increase of 26.4% in exported dollars.
The main trading partner on this continent was the Netherlands, with a total export of USD 663.8 million.
In regional exports to Europe, sales from the complex predominated manisero which, having sold for US$1,136.1 million, represented 39.1% of sales to the continent.
Source: Ambito
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