Paraguay: Meat complex sent 32.4% more volume

Published Aug 4, 2024

Tridge summary

In the seventh month of the year, the country saw a significant increase in agricultural exports, with a 32.4% increase in shipments reaching 467,041 tons compared to the same period in the previous year. This resulted in a 17.6% increase in foreign exchange earnings, totaling USD 1,347 million. Red protein was the only product experiencing a decrease in growth, but volumes still increased by 5.7%. The main destinations for these exports included Chile, the Republic of China (Taiwan), Brazil, Israel, and the USA.

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

Original content

In the seventh month of the year, 467,041 tons were shipped, which compared to the 352,650 tons in the same period of the previous year, representing a 32.4% increase. In terms of foreign exchange earnings for the country, at the end of July, USD 1,347 million were recorded, while in the same period last year it reached USD 1,145 million, which was 17.6% higher. Only shipments of red protein had a growth of 5.9% in income taking into account that in June USD 933 million had been registered compared to USD 880 million, while in volumes 192,746 tons were exported compared to 182,220 in the seventh month of 2023, being 5.7% more. As for the destinations, in first place was Chile, which covered 40% by purchasing for a volume of 74,754 tons at an amount greater than USD 385 million, the second place went to the Republic of China (Taiwan), which purchased for 10% by acquiring 20,516 tons for USD 96 million, in third place was Brazil with 9% purchasing 15,761 tons for USD 90 ...

Source: Agromeat