Favorable first semester for meat exports in Uruguay

The foreign exchange generated by the export of Uruguayan meat grew US$ 595 million, which represents 50% more in the first semester compared to the same date of the previous year, as confirmed by the National Meat Institute (INAC). The sector generated US$ 1,799 million as of June. Comparing that figure to the first half of 2020, the increase was $912 million. According to INAC, US$ 1,063 million come from China, the main destination measured in volume for Uruguayan meats and offal. This destination shows an increase of 63% in the improvement of income compared to 2021 and places it as the main commercial partner with 59% of the total. In turn, Canada, Mexico and the United States, a block previously known as Nafta and the current free trade agreement known as USMCA, accounted for 13% of revenues, followed by the European Union with 12%, while Mercosur is consolidated as the fourth destination with 5% of foreign exchange generation. Beef. The most relevant product continues to be ...