Argentina's grains exports fall 41.1% in 2023, to 57.8 million tons

São Paulo, 01/05/2024 - Argentine exports of grains and derivatives totaled 57.8 million tons last year, the Rosario Commerce Exchange said in a statement. The volume represents a drop of 41.1% compared to 2022 (98.1 million tons) and the lowest level since 2009, when 52 million tons were shipped. In the last four years, Argentina's exports exceeded 90 million tons. According to the exchange, the 2023 performance is a reflection of three consecutive years of below-average rainfall, which led grain production in 2022/23 to fall by almost 38%, to around 83 million tons. Exports from the soybean complex totaled 23.6 million tons in 2023, a drop of 39% compared to the previous year. Shipments of the corn complex fell 33% in the same comparison, to 24.3 million tons, while those of wheat decreased 76%, to 3.6 million tons. ...