HomeStoresUruguayan exports increased by 2% in the first eight months of the year

Uruguayan exports increased by 2% in the first eight months of the year

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Uruguayan exports reached $6.212 billion between January and August 2019, which meant an increase of 2% compared to the same period last year, according to Uruguay XXI on Monday (02.09.2019).

According to the report, the products that had Greater sales were Soybeans, beef and wheat; while livestock, wood and leather are the most relevant products with negative impact.

Uruguay submitted export requests totaling US$858 million in August 2019, which represented a 1,5% year-on-year increase, the report said.

During the eighth month of the year, China continues to lead the ranking of export destinations, with a total of US$ 168 million and a 22% share in the month; in second place is Brazil with a total of US$ 87 million and a share of 11% in the total exported; followed by external sales to the European Union totaling US$ 86 million, a similar amount to that of August 2018; in fourth place is United States, a destination that experienced a 24% decrease in the year-on-year comparison; and then, the Argentina It ranked fifth in the ranking of export destinations, with sales totaling US$ 26 million, representing a 35% decrease compared to the same month in 2018, following the downward trend in sales to this destination.

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