In 2020 Argentina exported one out of every four liters of milk that it produced and obtained 1.14 billion dollars

Published 2021년 2월 5일

Tridge summary

In 2020, dairy product exports played a significant role in boosting the local economy, with a 23% increase from the previous year, reaching 373 thousand tons and contributing 1.14 billion dollars. This surge was crucial for managing the rise in milk production, which hit 11 billion liters. Exports accounted for 25.3% of the total production, with powdered milk being the most popular product. Brazil remained the primary export destination, followed by Algeria and Russia. However, a concerning downturn was noted in December 2020, with a sharp decrease in exports compared to the previous month and year.

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Original content

Exports of dairy products in 2020 reached a not inconsiderable figure of 373 thousand tons and contributed 1.14 billion dollars to the ailing local economy. In both cases, there was a 23% increase compared to 2019, which was crucial to be able to absorb the increased milk production, which reached 11 billion liters. A report by OCLA (Observatory of the Milk Chain) indicated that "in equivalent liters of milk, exports represented 25.3% of total production by 2020," about five percentage points more than in the previous cycle. External markets absorbed an additional 683 million liters of milk last year, that is, they almost took over the rise in the national milk supply, which was 770 million liters. "Almost all the greater quantity of milk was absorbed by exports since consumption remained (slight increase in the total and a decrease in per capita corrected in days) and stocks decreased", confirmed the work of OCLA. And what dairy products were exported in 2020? As usual, powdered ...

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