New Brazilian investigation into Uruguayan dairy products for dumping

Published 2024년 12월 24일

Tridge summary

The Brazilian government is investigating Uruguay for possible milk powder dumping after noticing a significant increase in Uruguay's milk and cream exports to Brazil. These exports saw a 69.2% increase in value and an 88.3% increase in volume from 2022 to 2023, totaling US$ 345.7 million and 92,910.9 tons, respectively. This situation reminds the Brazilian governor of Minas Gerais of similar issues with Argentine dairy imports and highlights the concerns of Uruguayan dairy farmers about market manipulation and the need for diversification in export markets. The article underscoes the complexity of the Brazilian market and the history of reliance on Venezuela, emphasizing the importance of diversification for Uruguay to avoid market dependence and potential manipulation.

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

Original content

At the request of the Confederation of Agriculture and Livestock, the Brazilian government has asked Uruguay to investigate possible dumping of milk powder exports. Between January and December 2023, Uruguayan exports of milk and cream to Brazil totaled US$ 345.7 million, an increase of 69.2% compared to the same period in 2022. The Institute of International Business (INI) of the Catholic University (UCU) in the report “Foreign Trade of Uruguay” for November dedicates a page to the matter, detailing exports from Uruguay in dollars and volume. Regarding exports in dollars, the INI details that there was a significant growth in shipments of milk and cream from Uruguay to Brazil, which in the whole of last year totaled US$ 345.7 million, a growth of 69.2% compared to the same period in 2022. It adds that June was the month that registered the highest amount exported (US$ 43.5 million), and April the month with the greatest variation (22.1%) compared to 2022. In 2023, dairy exports, ...

Source: Eltelegrafo