Exports in August reached $1,231 million with an increase of 29%. The first two products placed abroad were soybeans, beef and cellulose.
According to the Uruguay XXI Institute, sales abroad in August, including those in free zones, were US$1,231. In the accumulated figure for the first eight months of the year, exports reached US$ 9,405 million, which represented an increase of 35%. In the accumulated figure, soybeans and beef are the products that explain most of the increase.
Soybeans continued as the first product exported in August with sales of US$303 and a growth of 176%. A year ago the placements had been for US$ 101 million. The rise was verified mainly by the volumes, although the prices also grew.
The second product exported was beef with US$ 186 million. Despite second place, sales fell 20% year-on-year. Uruguay XXI indicated that the drop was due to less slaughter and it also weighed on the fact that last year was a record for beef sales, in a context of very high prices.
Pulp was the third product with exports for US$ 157 million with an increase of 21%, compared to August 2021.
Destinations
In the eighth month of the year, exports went to 110 different destinations. The first trading partner continued to be China with US$ 230 million, although with a minimal reduction of 1% in the year-on-year comparison. The decrease was due to the drop in Chinese purchases of beef with 26% and meat by-products with 33%. In contrast, there was growth in purchases of soybeans and dairy products.
exports to Brazil were for US$ 183 million in August with an increase of 69% in the year-on-year relationship. Dairy was the first product sold and represented 20% of total sales. Malt and vehicles were then located.
Argentina was placed as the third destination of Uruguayan exports. Sales increased 137% to reach US$77 million. Soybeans accounted for 37% of the total. Sales of vehicles, auto parts, paints and varnishes, and plastics also grew.
The fourth destination was European Union although the sales were reduced 8% in the interannual comparison and were located at US$ 75 million. Beef exports fell 5% and those of meat by-products 51%. In the opposite direction, wood, wool and soybeans were the products that obtained increases in sales.
