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Argentina: FADA emphasize that 7 out of every 10 dollar sales that enter the country originate from agricultural activities

Argentina
Published Apr 7, 2021

Tridge summary

FADA (Fundación Agropecuaria para el Desarrollo de Argentina) will present this week a new edition of its "Agroindustrial Export Monitor". The reading will be recommended for Fernanda Vallejos, the Kirchnerism economist and deputy, who a few months ago immortalized the phrase "we have the curse of exporting food."

Original content

It is not because the FADA report is reiterative that it serves to dismantle the new urban myth that exports are solely responsible for the increases in food for Argentines themselves, which is what Vallejos wanted to summarize. In some cases they can put pressure. But there are so many more benefits than harms of exporting that the word "curse" is definitely misused. To begin with, if we did not export we would not have genuine dollars at all. And there the role of agriculture is fundamental. In this sense, the fresh data from the new monitoring is that “the agroindustrial exports of the last months were 69% of the total exports of the country. That is, 7 out of every 10 dollars enter the country from sales to the world ”of products related to the sector. More than 38 billion dollars entered in 2020. As part of the document, the attached graph shows the percentage in which exports participate in each value chain. There, the claim that most of what we produce is sent abroad is ...
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