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Uruguay’s Exports Dip Nearly 14% in March, Pulp Sales Buck the Trend
Apr, 10, 2024 Posted by Gabriel MalheirosWeek 202416
Uruguayan exports fell by nearly 14% in March compared to the same month last year.
According to the Uruguay XXI Institute, export requests reached $893 million in the third month of the year, including data from Free Zones.
Taking into account the first quarter, foreign sales totaled over $2.7 billion, representing a comparative drop of 2%.
Regarding the main exported products, pulp stands out with almost 10% more than in March 2023.
The following graph compares pulp exports from the Port of Montevideo recorded in the first two months of the last three years. The data came from Datamar’s DataLiner platform.
Pulp Exports from Uruguay | 2022 x 2023 x 2024 | TEUs
Source: DataLiner (click here to request a demo)
As for destinations, Brazil continues to lead the placements with 21% of Uruguayan products abroad.
China ranked second with 12% of the total exports, and the United States came in third place with 8% of sales.
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