|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Uruguay

Uruguay’s Exports Fall 11.6% in 2015

MONTEVIDEO – Uruguay’s exports of goods totaled $8.96 billion in 2015, an 11.6 percent decrease from the previous year, said Uruguay XXI, the South American country’s investment and trade promotion agency.

Beef and cellulose surpassed soybeans as the main products exported by Uruguay in 2015, while China and Brazil remained the top buyers of goods.

The Annual Foreign Trade Report said Uruguay, whose exports had not fallen since 2009 amid the global financial crisis, is the South American country that posted the smallest drop in exports.

The report attributed the “expected results” to the fall in international commodity prices, the economic slowdown in China, stagnation in Argentina and the recession in Brazil, all of which contributed to adverse external and regional environments.

The decrease in the value of exports reflects, mostly, the lower prices for the products the country sells overseas since, in general terms, volumes increased, Uruguay XXI said.

The volume of beef exports, which top the list of Uruguayan foreign sales, increased 5.2 percent in 2015 over 2014 to a record 223,000 tons of frozen meat and 39,000 tons of refrigerated meat, but the value decreased 2.3 percent.

Exports of cellulose were valued at almost $1.27 billion, making it the product with the biggest positive contribution.

The government agency estimated that in 2016 the drop in value of Uruguayan exports will be “significantly less” than the 1.6 percent decrease registered in 2015, and it expects the numbers will turn positive in 2017, when the value of exports could increase 3.1 percent.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2015 © All rights reserved