Uruguay's sales abroad dropped 13% interannually, according to a study released this week in Montevideo. Uruguay XXI's Annual Uruguay Trade Report showed that “neither the external nor the internal context contributed to Uruguayan exports of goods.” Uruguay XXI also noted that despite the fall from 2022 figures, 2023 was “the second year with the highest value exports in the last decade.”
The Argentine company Tlon Space S.A. has been reported to be involved in Uruguay's plans to build an aerospace launch platform on the coast of Rocha to send small satellites into space to collect images.
According to a foreign trade study by the Uruguay XXI Institute released Monday in Montevideo, the South American country's exports continued to fall in the month of September by 9% year-on-year and 18% so far in 2023.
According to a study by consultants Uruguay XXI released Friday in Montevideo, exports from the South American country -duty-free zones included- totaled US$ 1.027 billion in August, which represented a 17% year-on-year drop.
Uruguay's exports, including those shipped out of duty-free zones, totaled US$ 939 million in February of 2023, which represented an 8% decrease. The main reason for this setback was reported to be a drop in sales of beef and by-products, rice, wood, and wooden by-products.
Year-on-year inflation in Uruguay in the month of May of 2022 has been reported to still be nearly 35% above the target range set by the government of President Luis Lacalle Pou, while exports amounted to US$ 1.5 billion, which set a record high.
Uruguayan exports including duty-free zones for the month of April totaled US$ 1.115 billion, according to the Uruguay XXI Institute's monthly report released Monday.
A trade mission was held in London from 14 to 18 May to promote Uruguay to UK exporters. The mission was organized by Uruguay XXI, the investment, export and country brand promotion agency, along with the British Embassy in Montevideo, the British-Uruguayan Chamber of Commerce with the support of the UK Department for International Trade.
The mission is being organized by Uruguay XXI, the investment, export and country brand promotion agency, along with the British Embassy in Montevideo, the British-Uruguayan Chamber of Commerce and with the support of the UK Department for International Trade. The trade mission will be present between May 14/18.
Uruguayan exports in 2013 increased 4.8% in value and reached a record 9,155 billion dollars with soybean the main item and China the leading trade partner. The data was released by the government export promotion organization Uruguay XXI, which sometimes is over optimistic.