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Mercosur achieved significant trade in 2021

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Mercosur, a trade bloc made up of Argentina, Brazil, Paraguay and Uruguay, reached a Trade exchange with the world in 2021 of USD 598.899 million, obtaining an increase of 37% compared to 2020, the integrating body reported.

According to Foreign Trade Technical Report 2021, Prepared with information provided by official bodies of the four member countries, the value of the exports presented an increase of 35% reaching USD 338.778 million. Likewise, the imports They also recorded an increase of 39% for a value of USD 260.122 million.

He also stated that the balance in the trade balance of Mercosur for this period was favorable, reaching the figure of USD 78.709 million, increasing 24% compared to 2020.

Regarding the main destinations Outside the bloc, Asia was the main export market, as well as the main origin of Mercosur imports for 2021, representing 52% of exports and 45% of imports.

In detail, the main destination countries for Mercosur exports were China, the United States and the Netherlands, with a share of 29%, 11% and 4% respectively; these three countries together represent 44% of Mercosur exports. In turn, the main countries of origin for Mercosur imports were China with 25%, the United States with 18% and Germany with 5%, representing 48% of the bloc's total imports.

The items The most exported products by Mercosur in 2021 were: “Metalliferous minerals” (14%), “Oil seeds and fruits” (13%) and “Fuels and mineral oils” (12%). On the other hand, the most imported products were: “Nuclear reactors, boilers, machines, mechanical devices and artifacts” (15%), “Machines, electrical equipment and material” (14%) and “Mineral fuels, mineral oils; mineral waxes, others.” (13%).

The main products exported by MERCOSUR in 2021 were: “Soybeans excluding for sowing” (13%), “Iron ores, unagglomerated, excluding pyrites” (12%) and “Crude petroleum oils” (8%). The most imported products were: “Diesel (gas oil)” (4%), “Crude petroleum oils” (2%) and “Potassium chloride excluding with potassium oxide content (K2O) <= 60 %” (1,8%).

El Mercosur intra-zone trade in 2021 it was $40.591 million, evidencing a del% increase 42 compared to 2020.

The main products marketed by Mercosur at the intra-zone level in 2021 were: “Electric energy” (8%), “Soybeans excluded for sowing” (7%) and “Vehicles for transporting goods, with a total weight with maximum load <= 5 t., with a piston engine” (6%).Foreign Trade Technical Report 2021)

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