Results from Rosario Exchange show Argentina exported more than 100 million tons of grains, derivatives, and oils in 2019

The Rosario Exchange (BCR) announced that in 2019 the shipments of grains, their by-products, and oils via Argentina exceeded 100 million tons.  According to the BCR, “in a year, the Gran Rosario terminals shipped 70% of the grains and more than 90% of by-products and oils from Argentina. Noteworthy are the increases in corn and soy, in addition to soy and sunflower oils ”.

“Grain shipments from all port terminals in the Argentine Republic totaled 60.2 million in 2019. This number implies an increase of 19.6 million tons compared to 2018, which corresponds to a growth of 48%”, added the entity.  Likewise, according to the BCR, “by-product exports reached 33.7 million tons in 2019, which is a historic record for this category. When compared to 2018, there was a 20% increase, reaching 5.8 million tons. The volume exported in 2019 was 7% above the average of the last 3 years.”

“With regards to vegetable oil, exports in 2019 reached 6.5 million tons. This implies a 26% year-on-year increase, equivalent to 1.4 million tons. It was also the highest value in recent years, being 13% above the average of the previous three years. This calculation includes shipments of soybean oil (of Argentine, Paraguayan and Bolivian origin), sunflower, cotton, safflower, and peanuts “, added the BCR.

Source: Port Portal

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