Uruguay: Cellulose surpassed beef as the number one export product

Published 2024년 8월 6일

Tridge summary

Uruguay has experienced a significant increase in its agricultural exports, primarily driven by a recovery in soybean exports and a growth in cellulose exports. Eight of its top ten export items saw a double-digit increase between January and July of this year, compared to the same period in 2023. Soybean exports brought in US$176 million, a six-fold increase from 2023, and pulp sales reached US$194 million, up by 31% from the previous year. Pulp was the country's primary export product, surpassing beef, which saw a 5% increase to US$151 million in July. Overall, pulp exports rose by 28% to US$1,355 million, while beef exports increased by 1% to US$1,145 million compared to the same period in 2023.

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Original content

The increase was sustained mainly by soybean exports and to a lesser extent cellulose exports. Of the 10 main export items, eight grew and seven of them in double digits. Foreign currency income from soybean shipments totaled US$176 million, six times more than in 2023 when the disastrous harvest significantly reduced exports. Pulp sales reached US$194 million, 31% more than the previous year, and pulp was Uruguay's main export product in the January-July period, above beef, which led last year, he highlighted. the Uruguay XXI institute in its monthly report. In the first seven months of the year, pulp exports reached US$ ...

Source: Agromeat