Uruguayan exports increased 15 percent, with China as the main buyer

Published 2021년 3월 11일

Tridge summary

Uruguay's exports saw a 15% increase in the first two months of 2021 compared to the same period in 2020, with sales to China rising 79%. The exports were driven by meat by-products, wheat, dairy products, wood, cellulose, margarine and oils, other foods, and vehicles. However, rice, fish, seafood, energy, and beverage concentrate had a negative impact. China was the main export market, followed by Brazil. The highest increases were in live animals to Lebanon, rapeseed and wheat through the Nueva Palmira free zone, fats and oils to Brazil, France, and Spain, and other animal products to Hong Kong.

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

Original content

Uruguayan exports experienced an increase of 15% in January and February 2021 compared to the same period in 2020, while the amount of sales to China rose 79% in the second month of the year compared to the same period last year. According to the report released by the Union of Exporters of Uruguay (UEU). Uruguay's export requests, including free zones, totaled US $ 690 million, which implies an increase of 17.6% in interannual terms, while in the accumulated of the first two months of the year, exports totaled US $ 1,345 million, almost 15% above what was exported in January-February 2020. The increase in exports is explained by the increase in sales of meat by-products, wheat, dairy products, wood, cellulose, margarine and oils, other foods and vehicles, while rice, fish and seafood, energy and beverage concentrate had a negative impact compared to last year. When analyzing exports by destination, it is observed that China was the main export market, standing at US $ 122 million ...

Source: Eltelegrafo