Agri-food exports from Latin America and the Caribbean grow by more than 5%

Published 2021년 9월 20일

Tridge summary

The Inter-American Institute for Cooperation on Agriculture (IICA) reports a 5.3% increase in the value of agri-food exports from Latin America and Caribbean countries from April 2020 to March 2021, despite the pandemic. This growth of 5.3% is higher than the global average of 5.2%. The surge was primarily driven by a 430% increase in soy exports to China. Honduras saw the highest growth with a 41.7% increase, followed by Paraguay, Bolivia, and Belize. Mexico's agri-food exports also saw a 4% increase, placing it in the top ten. The exports also saw a significant rise in meat products like frozen and fresh bovine, pork, and chicken.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

• According to IICA, the great driver for the growth of agri-food trade in the region, including Mexico, was soy exports, which increased by 430%, thanks to demand from China. Figures from the Inter-American Institute for Cooperation on Agriculture (IICA) indicated that despite the effects of the Covid-19 (coronavirus) pandemic, from April 2020 to March 2021, agri-food exports from Latin America and the Caribbean enjoyed an increase in its value of 5.3%. During this period, Honduras, with an increase of 41.7%, was the country that presented the highest growth in terms of the commercialization of these goods over the same period of the previous year. Paraguay was followed in the top 5 with an increase of 23.2%; Bolivia with 20.1%; Belize with 12.2%; and Colombia, with 10.5%. For its report, IICA considered 17 countries in the region: Paraguay, Brazil, Panama, Colombia, Costa Rica, Argentina, the Dominican Republic, Mexico, Guatemala, Uruguay, Honduras, Ecuador, El Salvador, Chile, ...

Source: Porcicultura