Latin America expands agricultural exports

Published 2020년 7월 20일

Tridge summary

Despite the pandemic, several Latin American countries have managed to expand their agricultural exports, as shown by a survey by the Inter-American Institute for Cooperation on Agriculture (IICA). The survey found an 8.5% growth in agricultural exports in April compared to the previous year, totaling US $ 21.2 billion, or 22.3% of the global total. Countries like Brazil, Costa Rica, Argentina, Bolivia, and Guatemala saw significant increases in exports, while Peru and Uruguay experienced declines. Brazil's agricultural exports alone grew by 28.9% in April, primarily driven by soy and meat. Other countries also saw increases in May, with only a few experiencing declines.

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Original content

It is not just Brazil, in Latin America, that is managing to expand its agricultural exports even in times of pandemic. Costa Rica, Argentina, Bolivia and Guatemala are part of the group of countries in the region that have achieved good results on this front. Peru and Uruguay, on the other hand, are facing problems. A recently completed survey by Joaquín Arias, international technical specialist at the Center for Strategic Analysis for Agriculture (Caespa) of the Inter-American Institute for Cooperation on Agriculture (IICA), based in San José (Costa Rica), shows that, together of 14 Latin American countries with available data, agricultural exports grew 8.5% (US $ 1.7 billion) in April compared to the same month of 2019, and totaled US $ 21.2 billion, or 22.3% of a global total based on results from 75 countries. In total, including the other sectors of the economy, the group's exports - Argentina, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, ...

Source: NoticiasAgricolas