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What do exports contribute to the daily life of Argentines?

Argentina
Published Sep 2, 2020

Tridge summary

Clothes, cell phones, Netflix, among other products and services are possible thanks to exports. According to a report by the FADA Foundation, which monitors agro-industrial exports, in the first semester, such sales abroad were 74% of the country's total exports. In other words, 7 out of every 10 dollars enter the country through external sales from agro-industrial chains. In money, it was 20 billion dollars that entered.

Original content

“But what do they have to do with my life?”, Asks David Miazzo, chief economist of FADA, “exports are needed for the daily economy of our house because when we sell grains, meat, fruits, vegetables, etc. abroad, it enters the money we need to be able to buy what is not produced here. For example: cell phones, clothes, car or TV parts, computers, Netflix, etc ”. For the economist, thus "one of the beliefs that it does not contribute anything to the majority is demolished." One of the novel data of the report is that Argentina is the world's leading exporter of soybean oil and flour, yerba and beans. Seconds to export peanuts. Third in corn, soy, sunflower and pears. And rooms with beef, shrimp, prawns, black tea and powdered milk ”. Exports do not earn a few, but employ many thousands of people directly or indirectly. Miazzo gives an example: “In the soy or corn chain, the producer buys seeds from a company, which in turn hires employees. He uses a tractor, which he buys from a ...
Source: Agroargentia
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