The barley, sunflower, corn, peanut, soy and wheat complexes jointly increased the volume of their exports by 5% between January and April 2020 compared to the previous year, reaching 32.2 million tons, according to information from the National Institute of Statistics and Census (INDEC).
This growth becomes even more relevant when it is taken into account that 2019 was the historical record in terms of shipments of grains, oils and by-products for our country.
The contribution to economic activity and the trade surplus is critical for Argentina in this year 2020 hit by the severe coronavirus pandemic and while the country seeks to renegotiate its external debt to ensure sustainable and sustainable growth.
The volume of agro-industrial exports reached a record of 32.33 million tons between January and April 2020, surpassing the 30.83 Mt mark in the first four months of the previous year.
Regarding the value of agro-industrial exports between January and April 2020, the agency details that these totaled US $ 8,400 million, 1% below the income reported the previous year. In other words, the slight fall in the income of foreign exchange from the agro-industrial sector during the first four-month period is exclusively due to a fall in the international price of our exports, since in volume they have grown. The latter is not a minor fact given that 2019 represented for the country the year with the highest volume of agro-industrial exports for our country.
The wheat, corn and peanut complexes were the ones that contributed the most to the improvement in the performance of the agro-industrial sector, with increases of 29%, 13% and 30% in the quantities exported, respectively. The soybean complex had a slight retraction while shipments of the barley and sunflower complexes fell markedly.