Exports of the Uruguayan ovine sector reached US$ 157 million in the first eight months of the year, (Jan/August), according to the Uruguayan Wool Secretariat, SUL, which represented a 17% drop in value.
Uruguay wool and lamb exports dropped 17% in dollars in the last twelve months compared to the year before. Of the US$ 265 million shipped overseas, China was the main client with 42% of that total, according to the latest Custom stats.
Uruguay's 2014/15 wool clip has been estimated at 30 million kilos, a volume similar to that of 2013/14, according to numbers discussed in a recent meeting of sheep farmers, government and regional officials to address prospects for the industry.