Restituita stringa vuota

Panorama Internazionale

20 FEBBRAIO 2019

00:48 - Argentina

ARGENTINA ADDS USD 2 B IN MEATS TO USD 23 B IN AGRICULTURAL EXPORTS

(ICE) - ROMA, 20 FEB -

The reopening of Argentine beef exports to the US reinforces the USD 2 billion income that it generated in 2018 for the trade balance, which had mainly come from an 80% increase in placements to different destinations abroad exceeding 500 thousand tons, especially to China, European Union (entering through the ports of the Netherlands and Germany), Chile, Israel, Russia, Brazil and Morocco. Thanks to exports of cereals, biodiesel, flour, oil and soya beans, the oilseeds and cereals and other primary activities sector generated the most revenue last year: USD 23,676 million. Livestock for export already comes from an exceptional year in 2018, when sales abroad of cattle grew 80% and became the highest in the last 9 years.

A projection for 10 years of the current reality would indicate that the demand of the EU and USA will be halved, China will surpass 50% and Latin America will be at 25%. Argentina has been complying with the Hilton quota for almost 2 years after almost 8 years without being able to do so.

The fine harvest of 19 million tons of wheat and 4 million barley, which was lifted this summer, brought in USD 4 billion, whose half was seen more in the sale of some USD 1,750 million in the exchange market, which the grains could be shown in the grinding. And now comes the thick, mainly, soybeans, which begins to be harvested in March. Maize is expected between USD 5 and 6 billion, and there are also sunflower, peanuts, rice and of course soy.

Another example was last December when 870,000 tons of raw beans were exported, against only 27,000 tons a year earlier; an increase of 3,000%. Even with the primarization that characterizes this agro-export stage, the field created the largest absolute number of genuine jobs in 2018. As of last November, the number of formal jobs in companies in the agricultural sector had been 330,389, with a growth of 7,580 they represent 2.3% more than in the same month of 2017, according to the Ministry of Labor.

In fact, mainly thanks to exports of cereals, biodiesel, flour, oil and soya bean, the oilseeds and cereals and other primary activities sector generated the most income last year: USD 23,676 million, followed by food and beverages, with USD 5429 million net.

(ICE BUENOS AIRES)