They grew almost 50% compared to September 2023 towards China
Uruguay XXI highlights that income this month totaled US$ 1,182 million, driven mainly by soybeans and cellulose.
Exports of goods from Uruguay increased 14% in September compared to the same month in 2023 and totaled 1,182 million dollars, growth that was mainly driven by the sale of soybeans and cellulose.
This is highlighted by the monthly Foreign Trade report presented this Tuesday by the Agency for the Promotion of Investments, Exports and Image Country Uruguay XXI, which points out that, in the accumulated of 2024, exports of goods – including free zones – totaled 9,732 million dollars and recorded a year-on-year increase of 15%.
The document highlights that China was the main destination for Uruguay’s exports, acquiring 13% of its exports for 299 million dollars. In this case, the interannual variation was 45%.
Meanwhile, the European Union climbed to second place in the ranking after a year-on-year increase of 51% and purchases for 196 million dollars, while third place was occupied by Brazil after acquiring products for 178 million dollars, although with a decrease of 18%.
On the other hand, pulp was once again the main product exported by the South American country. Sales of this were 260 million dollars, which meant an increase of 36% compared to the same month last year.
Second place was occupied by soybeans, with sales of 164 million dollars and a year-on-year growth of 89%, while beef was in third place with sales of 162 million dollars and a year-on-year increase of 1%.
Below are concentrated beverages, dairy products, rice and vegetables.
The report also talks about the satisfaction of European investors with the business climate in Uruguay in which, through a survey, almost 90% of foreign companies expressed themselves satisfied or very satisfied with Uruguay as a country to develop their businesses.
“80% of companies of European origin that responded to the survey indicated macroeconomic, political and social stability as one of the main reasons why their company invests in Uruguay,” the report states.
In addition, 74% considered that institutional and legal security is another relevant element in the South American country.
