In the last ten years, up until 2021, Brazilian export to China grew at a greater rate that those to rest of the world. From 2012 to 2021, China’s importance as an export destination for the five regions in which Brazil is divided grew exponentially, and of the 27 federal states, 21 saw their sales to China grow above the expansion of their sales to the world. In the period, however, the export basket was negatively concentrated around a few primary products.
Paraguay's foreign commerce of manufactured and agro-industrial goods reached US$ 3,383 million during the first eight months of 2022, with a clear predominance of Mercosur partners, points out the country's Ministry of Industry and Commerce.
Paraguayan exporters have decried over this weekend their latent concern about the Paraguay and Parana rivers' low levels which might affect the grain season in January and February if no improvement is recorded, it was reported in Asunción.
Argentina's foreign trade balance came out in the red in June of 2022 for the first time since 2018, it was reported in Buenos Aires by the National Institute of Statistics and Census (INDEC).
Foreign trade has meant around US $ 15 billion for Argentina's Central Bank (BCRA) in 2021, according to projections reported Monday in Buenos Aires. It became the fifth best surplus so far in the 21st century, despite November's US $ 117 million deficit, the first setback since 2018.
Brazil's beef exports plummeted during October as a consequence of the ban on purchases from its main client, China. Last October sales dropped to 82,180 tons compared to 162.880 a year ago, according to Secex, Brazil's foreign trade secretariat.
A top official from the Argentine Government spoke yet again against a bid from Brazil and Uruguay to make Mercosur more flexible and allow members to broker one-on-one deals with other countries or blocs.
Former Brazilian presidents Fernando Henrique Cardoso and Lula da Silva signed a statement in which they support Argentina's position in the Mercosur controversy regarding a flat unilateral tariff reduction as sponsored by president Jair Bolsonaro, with the backing of Uruguay, but rejected by President Alberto Fernandez.
Uruguay's Economy Minister Azucena Arbeleche and Foreign Minister Francisco Bustillo travelled to Paraguay Friday to discuss with the local administration of President Mario Abdo Benítez new steps towards flexibilities Mercosur's rules.
Uruguayan President Luis Lacalle Pou said Thursday during the virtual Export Day celebrations that “we like to play on a large court, and not on a small, protected one.”