Uruguay: Agricultural exports grow 23% in the four-month period

An analysis carried out by Opypa during the first four months of 2021, establishes that national exports of agricultural-based products totaled US $ 2,306 million, that is, 23% more compared to the same period of the previous 2020, when external sales were They fell 16% year-on-year as a result of the global paralysis caused by the COVID-19 pandemic. Uruguay's dairy exports increased 12% in value in the first four months of the year, due to an increase in the quantities sold (11% year-on-year). Although during this period the average export price does not yet reflect the increase in the price at the international level, it has been increasing monthly, in accordance with the trend observed worldwide and with a certain lag. In the case of whole milk powder, Uruguay's main export product, the current reference values of the international market (considering Fonterra's tenders on the Global Dairy Trade platform) are the highest since 2013-14, being above of $ 4,000 a ton. However, ...