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Argentina: Pork exports continue to rise in 2024

Pork shipments abroad increased by more than 25% in the first half of the year.

Evolution of pork exports and imports in the last 12 months. Prepared by 333 Latin America with data from the Secretariat of Agriculture, Livestock, and Fisheries of the Ministry of Economy of Argentina.

Evolution of pork exports and imports in the last 12 months. Prepared by 333 Latin America with data from the Secretariat of Agriculture, Livestock, and Fisheries of the Ministry of Economy of Argentina.

4 September 2024
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Exports

  • At the end of the first half of the year, pork exports increased by 25.7% compared to the same period in 2023, going from 5,330 to 6,699 tons (t). Likewise, their value (USD 5.9 million) increased by 24% in the period under analysis.
  • In June, 1,413 t of pork were exported, an increase of 45.5% compared to the same month of 2023 and up 17.6% compared to May.

Imports

  • Pork imports in the first half of the year totaled 5,239 t, valued at USD 16.5 million, a 55.5% drop in volume compared to the same period of 2023.
  • In June, the imported product totaled 476 tons, a decrease of 69.6% compared to the same month of the previous year and down 2.3% compared to May.

Trade balance

  • The sustained increase in pork exports and the significant drop in pork imports continue to favor the gradual reduction of the trade balance deficit for the sector.
  • In June, the deficit was just USD 0.5 million, while the cumulative figure for the year was USD 10.7 million, 66.9% lower than the deficit recorded in the first half of 2023 (USD 32.3 million).

333 Latin America with data from the Secretariat of Agriculture, Livestock, and Fishing of the Ministry of Economy of Argentina/ Argentina.
https://www.magyp.gob.ar/

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