Economy 03-07-2018

Uruguay: Exports represented the best first half of the last three years

In the first six months of the year foreign sales of Uruguayan products totaled 4.630 million dollars which represented 2.3% more than in the same period of 2017, and represented the best first semester of the last three years.

The Department of Competitive Intelligence of the Uruguay XXI institute presented its monthly report on exports of national goods on June 2, 2018.

According to the study exports for the first half of the year reached "4.630 million dollars, which represented 2.3% more than in the same period of 2017. This figure represents the best first semester in three years".

Cellulose wood and meat

According to Uruguay XX exports of "pulp wood and by-products, live cattle and beef" were those with the highest positive impact in the semester.

In this sense in the statistical report disseminated by the Presidency it is ensured that the result of exports closed in June without counting soybeans, grew by 6%.

In effect it is affirmed that soybean was the product that experienced the "greatest negative impact".

Year-on-year comparison

Uruguay XXI also details in its study that the year-on-year comparison to June "registered a 6% growth in sales abroad without taking into account soybean exports that registered a negative impact".

It is also stated that however in June the export requests with the free zones included totaled 863 million dollars which represented a reduction of 17% compared to the same month of 2017.


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