According to a study from the government's Uruguay XXI Institute released Thursday in Montevideo, the South American country's exports of soybeans, beef, live cattle, and cellulose drove the total sales abroad to a 27% growth in April from last year's figures during the same month and a 5% increase in the first third of 2024.
The value of exports from Latin America and the Caribbean contracted by 2.2% in 2023 after having grown by 17.0% in 2022, a new release from the Inter-American Development Bank (IDB) reports.
Uruguayan overall exports fell sharply in June for the second straight month this year, as reported in Montevideo. The new decrease in foreign sales was mainly explained by the negative variations in soybean and beef sales.
Brazilian agribusiness exports totaled almost US$ 160 billion in 2022, up 32% over the previous year, influenced by the performance of international prices, according to the Secretariat of Trade and International Relations (SCRI) from the Ministry of Agriculture and Livestock
Chile managed a positive foreign trade year in 2022, with exports reaching almost US$ 100 billion, the highest in historic terms, and a surplus of US$ 2,85 billion. The Central bank stats points out that the US$ 97,5bn exports, a 3% expansion over the previous year was achieved despite a strong drop in the value of the country's main export copper, 14%, and an 18% contraction of overseas sales of the red metal.
Uruguay’s goods exports grew 16.5% in value during the past year, to reach a record high of US$ 13.36 billion, according to the country's trade promotion agency.
Brazilian agribusiness exports should reach a record US$ 160 billion this year, which represents an increase of 32% compared to 2021, and a number that also was surprisingly high last year. But on the other hand input imports have never been so costly because of the international prices with inputs reaching almost US$ 50 billion, up 51% year to year.
Uruguayan exports have fallen 13% yoy in November of 2022 after recording a growth of 20.3% for the first eleven months of the year when compared to the same period of the previous year, it was reported Tuesday in Montevideo.
Despite a last shock surprise defeat against Cameroon, Brazil is in the Round of 16 and still standing as one of the favorites to reach the final round of Qatar 2022 World Soccer Cup. And despite its sporting performance, Brazil has had a huge leap in bilateral trade with the buildup to the Qatar event.
Argentina's Foreign Ministry Tuesday announced that the country's exports had amounted to US$ 7.901 billion in October, thus reaching new historic highs for this month.