Mexico: Dairy exports continue to grow with the best results in a decade

Published 2021년 6월 8일

Tridge summary

The Colombian dairy industry has seen a significant increase in exports, with the first quarter of 2021 marking the highest records since 2010. Between January and April 2021, dairy exports reached 2,481 tons, generating an FOB value of USD 9,040,000, a 179% increase compared to the same period in 2020. This growth is attributed to high exchange rates and the need for companies to diversify markets, with the industry's recovery following the recertification as a country free of foot and mouth disease. The exports were led by whole milk powder, butter, and cheese, with Russia, Venezuela, and the United States being the primary recipients. This surge indicates a positive trend in Colombia's dairy export sector, building on the growth seen in the first quarter.

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

Original content

Only in the fourth month of the year more tons of dairy were exported than in all of 2016, while in the first 120 days of 2021 the volume of shipments rose by almost 180% compared to the same period of the previous year. According to DANE, until April 30, the dairy industry exported 2,481 tons of powdered milk and other derivatives for a FOB value of USD 9,040,000, surpassing the most recent records in the commercialization of these products. Only in April 942 tons were sold, 138 more than the sales of all 2016, and almost doubling the income obtained that year, which was USD 4 737 000. (Read: Dairy exports in the 1st quarter of 2021 were the highest since 2010) Compared with the first four months of 2020, the growth was 179% compared to the 889 t shipped in that period, as well as 171% more than the USD 3,339,000 obtained a year ago. When comparing April, the volume grew 254%. As pointed out by CONtexto livestock in the March results consolidated by the Office of Planning and ...

Source: MXContexto