Dairy exports in Argentina generated US $ 785 million

Published 2020년 11월 12일

Tridge summary

A report by the Observatory of the Argentine Milk Chain (OCLA) has found that Argentine dairy product exports saw significant growth between January and September 2020, compared to the same period in 2019. The volume of exports increased by 34.5% to 257,651 tons, while the value increased by 36.2% to $785.5 million. Notable increases were seen in powdered milk (52.1%), cheeses (23.4%), and other dairy products (16.2%). Dairy exports represented 24.3% of total production, absorbing an additional 687 million liters of milk. Brazil remains the main destination for Argentine dairy exports, followed by Algeria and Russia.

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

Original content

In the first 9 months there were strong growths both in volume and value with respect to the same period of 2019. According to a report from the Observatory of the Argentine Milk Chain (OCLA), based on data from the DNL-MAGyP, between January and September 2020, 257,651 tons of dairy products were exported, which generated 785.5 million dollars, representing growth of 34.5% and 36.2%, respectively, compared to the same period in 2019. Regarding the distribution of Exports in large items based on the total value in dollars for the first 9 months, increases of 52.1% were observed for powdered milk; 23.4% for cheeses in their different pastas; 16.2% in the rest of products (dulce de leche, butter, butyric oil, whey, etc. and 8.3% in confidential products (lactose, casein, yogurt, etc.). According to the OCLA, in liters of milk equivalent, exports represented 24.3% of total production (it had been 17.0% last year), absorbing an additional 687 million liters of milk in the same period ...

Source: Agroruralnoticias