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NEWS

Uruguayan exports rebounded in July

Montevideo, Aug 4 (Prensa Latina) Uruguay's exports—including those from free trade zones—totaled $7.819 billion in the first seven months of the year, representing a 2% year-on-year increase and a stronger rebound in the seventh month, it was reported today.

According to a report by the Uruguay XXI institute, beef led the list, totaling $1.576 billion so far this year—a 4% increase over the previous year’s figures.

Cellulose held second place with $1.33 billion, followed by dairy products, which recorded sales of $511 million through July, marking a 7% year-on-year increase.

Beverage concentrates ranked fourth with $492 million and 7% growth.

Soybean sales totaled $457 million (in US currency), a drop of 36%. In July, exports totaled $1.219 billion, registering a 4% year-on-year increase and breaking a three-month streak of monthly declines.

China remained the top export destination in July with sales of $235 million (19% of the total), despite a 35% year-on-year drop.

Brazil took second place with $190 million (16%) and a 13% rise.

Next was the European Union with $174 million (14%) and a 42% surge, followed by the United States, driven primarily by beef purchases.

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