The important role of Argentine agriculture in the world

Published 2024년 1월 10일

Tridge summary

Argentina is a major exporter of agricultural commodities, with agroindustrial exports representing two-thirds of the country's total goods exports. The country is a leading exporter of soybean oil and meal, corn, wheat, and biodiesel, although it faces increasing competition from other countries in some markets. Despite challenges, Argentina is expected to maintain its leadership in the international soybean oil and meal market in the next campaign, with strong corn production allowing it to maintain its position as the second largest global corn exporter.

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Original content

Argentina is a country with a strong focus on agri-food production and export, standing out as one of the main actors on the global stage. The Rosario Stock Exchange recently prepared a report that reveals the influence and importance of the country in the world market for agricultural commodities, which demonstrates that Argentine agriculture is not only vital for the internal economy, but also for international trade. See this post on Instagram A shared post from the Rosario Stock Exchange (@bolsadecomercioderosario) Of the average production of almost 130 million tons between 2017 and 2021, approximately 70% is exported annually. Agroindustrial exports represent two-thirds of Argentina's total goods exports, with an average value of USD 32 billion in the context of current international prices. In the period 2017-2021, Argentina exported an average of 31 million tons of corn and 11 million tons of wheat per year. In the field of oilseeds, the soybean complex stands out with ...

Source: Chacra Magazine