the exports had their second consecutive retraction in November with placements for US$ 889 million (including free zones) and a decrease of 11% in the year-on-year comparison. In the accumulated of the year, sales abroad continue with positive performance.
The Uruguay XXI Institute reported this Monday that the monthly drop was verified, mainly, by lower beef sales.
With the latest data, the second monthly drop in the year of exports was confirmed. In October, they had been for US$ 842 million and a drop of 6%.
In November, in addition to meat, there were lower exports of malt, meat by-products, drink concentrates Y live cattle.
Meat sales were for US$ 193 million and fell for the fifth consecutive month. In the month, the decrease was 26%. The report explained that China reduced its purchases by 44%. In total, it bought Uruguayan meat for US$ 92 million. The second destination was the United States, which accounted for 13% of the total and increased its purchases by 42%.
meat for export
The second product exported was the cellulose with US$ 143 million, with a marginal decrease of 0.2%.
The dairy products they were placed in third place with exports for US$ 79 million and an increase of 1% in the interannual comparison. China, which had bought US$21 million in November last year, reduced its imports to less than US$1 million. Algeria, with 30% of the total exported, ranked first, followed by Brazil.
The placements of wood they reached US$ 35 million, below the value of a year ago. Portugal was the biggest buyer, followed by China, India and the United States.
The export of meat by-products it also decreased in the interannual relation, with a fall of 43%. The fall was general in all the countries that concentrate most of the purchases, such as China and the United States.
In contrast, he highlighted the increase in exports of other foods, including prepared food productssuch as extracts, pastes and preparations with various ingredients. In this case, the placements were for US$ 66 million, with an increase of 159% in the interannual relation.
exports of rice they were for US$ 40 million and grew 19%. The Uruguay XXI Institute explained that although purchases from Venezuela were reduced, Mexico, Brazil and Costa Rica, together, increased their imports by US$ 19 million.
Destinations
China it was once again the main buyer of Uruguayan goods. Similarly, placements in the Asian country fell for the second consecutive month in the year-on-year comparison. In November, it purchased products for US$ 130 million and 48% below what was verified in November 2021. Beef and meat by-products, which represented 71% and 11% of the total exported in November, fell 44% and 41% respectively.
Brazil it was placed again as the second buyer in the month. Exports were for US$ 128 million and a retraction of 13%. Placements of plastic and its manufactures increased 23% and that of vehicles 5% year-on-year. However, malt sales fell 63% and this decline largely explained the drop in exports to Brazil for the month.
The European Union (EU) was the third destination of sales. Exports were for US$ million and a year-on-year drop of 3%. Beef registered a decrease of 10% and placements of wool and fabrics decreased 19%.
USA it was the fourth destination of exports. Loans were for US$ 46 million with a year-on-year increase of 6%. Sales of beef grew 42%.
In fifth place in the ranking was Argentina. Exports to that destination were for US$ 39 million, with a rise of 5% in the interannual relationship. The main products were auto parts and vehicles, which represented 20% and 15% of the total exported, respectively.
Accumulated of the year
In the year, exports reached 12,140 million (including free zones) to grow 23% year-on-year. The main buyer was China with US$ 2,659 and an increase of 8%. It was followed by Brazil with placements for US$1,716 and an increase of 3%, Argentina with US$1,009 and an increase of 124% and the free zone of Nueva Palmira with US$730 million and growth of 151%.
