Argentina: FADA emphasize that 7 out of every 10 dollar sales that enter the country originate from agricultural activities

Published 2021년 4월 6일

Tridge summary

The Fundación Agropecuaria para el Desarrollo de Argentina (FADA) is set to release a new edition of its 'Agroindustrial Export Monitor', a report likely to challenge the critical views of economist Fernanda Vallejos on exports. The report is expected to highlight the economic benefits of agricultural exports, which accounted for 69% of Argentina's total exports in the last months, generating over 38 billion dollars in 2020. Contrary to the perception that exports lead to impoverishment, the report is likely to argue that they play a crucial role in generating productive wealth and providing foreign currency for necessary imports. Furthermore, the report is expected to discuss how exports help create jobs and prevent economic crises by reducing the risk of devaluations and debt.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

FADA (Fundación Agropecuaria para el Desarrollo de Argentina) will present this week a new edition of its "Agroindustrial Export Monitor". The reading will be recommended for Fernanda Vallejos, the Kirchnerism economist and deputy, who a few months ago immortalized the phrase "we have the curse of exporting food." It is not because the FADA report is reiterative that it serves to dismantle the new urban myth that exports are solely responsible for the increases in food for Argentines themselves, which is what Vallejos wanted to summarize. In some cases they can put pressure. But there are so many more benefits than harms of exporting that the word "curse" is definitely misused. To begin with, if we did not export we would not have genuine dollars at all. And there the role of agriculture is fundamental. In this sense, the fresh data from the new monitoring is that “the agroindustrial exports of the last months were 69% of the total exports of the country. That is, 7 out of every ...

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