HomeStoresUruguay: Meat exports increased by 9% in the first eight months of the year

Uruguay: Meat exports increased by 9% in the first eight months of 2018

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Uruguayan meat exports between January 25 and August 2018, XNUMX increased by 9% compared to the same period in 2017 and amounted to a total of 1.272 billion dollars, official sources reported on Friday (31.8.2018).

Destinations: China, EU, USA

According to a report from the National Meat Institute (INAC), the foreign currency generated corresponds to the exports of meat, offal, products and by-products of the sector that has China and the European Union (EU) as main destinations.

Sales to China reached $541 million, accounting for 42,5% of total volume.

In second place was the EU with 19,1% ($243 million), followed by the North American Free Trade Agreement (NAFTA), with 14,1% ($179.609 billion).

Meat

Beef accounted for 83% of the total value of exports and 60% of the volume, with an average price of 3.574 dollars per ton, and presented a 8% increase Regarding foreign currency income, which reached 1.058.050 million dollars.

There was also a 2,8% increase in volume, totalling 296.081 tonnes, 79% of which was destined for China, NAFTA and the European Union (EU).

Lamb

Meanwhile, sheep meat accounted for 3% Of foreign sales, offal accounted for 6% and the remainder was pork, poultry and other products.

For sheep products, whose main buyers are the Mercosur (52%), China (24%) and EU (7%), foreign currency increased by 12% and reached 37 million dollars, while sales decreased by 0,4% compared to volume, which reached 8.176 tons.

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