RIO DE JANEIRO, BRAZIL – Argentina’s exports of agricultural products reached US$14.367 billion, 27% more compared to 2020. Its agro exports reached 105 destinations globally, and of the total, five markets concentrated 57% of shipments, highlighting Brazil with 17% share and Vietnam and South Korea with 7% each.
This is according to the results provided by FreshFruit, in accordance with the entity’s evaluations, which also indicate that Argentina has an agro-export basket made up of more than 270 agricultural products. However, only two foods account for 71% of its supply, namely corn (56% share) and wheat (15%).
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In this context, the company specialized in trade intelligence for the agro-export sector stressed that the concentration occurs “in products with very volatile prices because they are commodities”.
In the case of corn, 35,853,286 tons were exported for US$8.047 billion, 3% less in volume and 32% more in value compared to the previous year. With this product, Argentina reached 115 destinations around the world; however, the most important ones were Vietnam (17% share), South Korea (13%), and Egypt (10%).
Wheat shipments amounted to 8,474,354 tons for US$2.122 billion. Compared to the previous year, exports of the fruit fell 11% in volume and remained similar in value. There were 46 destinations for Argentine wheat during the period analyzed, the most important being Brazil, with a 62% share, and Chile, with 10%.
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Brazil — Live Market Board
-0.43%
171,324.31
-0.43%
71,811.20
-0.27%
10,625.27
+0.69%
2,848,945
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2,452.93
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| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| IBOV | 171,324.31 | -0.43% | +8.69% | 172,060.43 | — | — | — |
| USD/BRL | 5.65 | +0.07% | +6.69% | 5.64 | 5.65 | 5.64 | — |
| SELIC | 13.75% | — | — | — | — | — | |
| PETR4 | 44.70 | +2.64% | +38.18% | 43.55 | 44.97 | 43.23 | 37,990,800 |
| VALE3 | 63.95 | -0.75% | -2.75% | 64.43 | 64.48 | 62.93 | 16,658,700 |
| ITUB4 | 41.68 | -0.10% | +6.58% | 41.72 | 41.95 | 41.12 | 22,298,600 |
| BBDC4 | 14.32 | -0.07% | -26.34% | 14.33 | 14.33 | 13.92 | 62,054,800 |
| BBAS3 | 15.48 | -8.35% | -32.11% | 16.89 | 15.67 | 14.72 | 146,447,300 |
| B3SA3 | 14.76 | -0.27% | +4.53% | 14.80 | 14.90 | 14.47 | 48,848,300 |
| ABEV3 | 15.75 | -0.63% | +15.64% | 15.85 | 15.92 | 15.62 | 45,131,700 |
| WEGE3 | 51.65 | +0.08% | +15.06% | 51.61 | 52.04 | 51.17 | 5,287,600 |
| PRIO3 | 63.30 | +2.98% | +58.21% | 61.47 | 63.87 | 60.79 | 6,527,400 |
| SUZB3 | 56.04 | +4.16% | +16.58% | 53.80 | 56.06 | 53.75 | 8,381,600 |
| RENT3 | 29.58 | -2.18% | -31.31% | 30.24 | 30.42 | 29.05 | 11,810,900 |
| AZZA3 | 16.90 | +9.95% | -42.83% | 15.37 | 18.57 | 16.14 | 7,839,300 |
| CSNA3 | 4.23 | -6.42% | -51.55% | 4.52 | 4.48 | 4.19 | 18,970,400 |
| GGBR4 | 24.97 | -1.11% | +31.08% | 25.25 | 25.26 | 24.69 | 4,076,200 |
| ENEV3 | 27.00 | -1.39% | +40.26% | 27.38 | 27.11 | 26.53 | 11,153,200 |
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