9% more issued this year – Commerce and Justice

The entire agribusiness manufacturing complex has generated more than $50 billion in foreign exchange.

Exports of the agro-industry sector 11% in November Compared to the same month in 2021, accrued over the course of the year Foreign shipments with a total value of 51.570 million US dollarsalso with an annual growth of 9.1%, according to the monthly report of the Argentine Agro-Industrial Council (CAA).
In November, the agro-industrial sector issued $3,977 million, up 11% from the same month in 2021, according to CAA data, although the figure provided a 16% decrease compared to October this year.
However, in the first eleven months of the year, the agribusiness sector The accumulated exports amount to 51,570 million US dollars, up 9.1% over the same period in 2021.
The pools with the highest relative growth were the cloverthe Sunflowerthe popcorn and the soybeing the latter that contributed the most foreign currency in the inter-year comparison with a participation rate of approximately 41%.
In the case of soybeans, its exports grew 58.8% annually in November and 1.6% if January-November 2022 compared to 2021, generating cumulative revenues of $21.071 million in the year and benefiting from dollar value that rose. From an average of $530 per ton in 2021 to $610 this year.
The main product is still FlourIt represents 52.5% of total soybean exports and a contribution of US$23.075 million in the first eleven months, although the value cited represents a decrease of 11% compared to the same period in 2021.
They followed him beans Instead, they’ve posted an income increase of 0.9% so far this year; While oil recorded losses of 5% in November and accumulated 27.8% in eleven months.
Behind soybeans, with a share of 17%, is cornwhose exports are up 3.6% annually so far this year and contributed $8.885 billion in inflows, despite recording a year-on-year decline of 20% in November.
the wheat Completes the platform with a share of 8.3%: although in November it showed a strong year-on-year decline (-66.5%), it is the complex with the largest increase in export value so far in 2022: 57% annual expansion, totaling 4,265 million US dollars.
In the case of both wheat and maize, the raw grain accounts for more than 90% of export earnings, with a low share of by-products.
behind they Meat and the cowhide (-15.7% annually in November and +24.5% in the first 11 months of the year) with annual revenues of $3,556 million; and compound Sunflower (+40.4% in November and +125.1% so far this year) with inflows of $1,803m.
With less significant shares in the agribusiness complex, despite strong annual increases so far this year, the barley (+73%), with revenue of US$1,433 million; and the Bovine dairy (+25.6%), led by milk powder, mozzarella and semi-hard cheeses, whose exports totaled US$1,267 million.
In contrast, it was not a good year for the Sectors fishing (-3.2% annually between January and November), Manisero (-1.6%), viticulture (-2.6%) f legumes (-3%).
In all cases, with the exception of fishing complexes, wine and legumes, the accumulated exports this year in the main agro-industry sectors are above the average recorded between 2016 and 2019.