Uruguay rides high on China partnership
Nation posts record exports to a key market, boosting trade deal hopes Uruguay’s exports to China surged to a record high last year, fueling hopes of further gains if efforts by the two countries to scope out a free-trade deal bear fruit. Uruguay, a South American country with just 3.5 million people, sent shipments to China worth more than $3.2 billion. The trade partners are in exploratory discussions for a free-trade agreement, which many see as likely to provide further momentum to bilateral economic…
Uruguays citrus industry on the rise
Citrus production in Uruguay represents approximately 1.1% of the gross agricultural product and generates an income of US$ 60 million. It is one of the main non-traditional export commodities after rice and dairy products. #adp02 The activity has consolidated an export-oriented production chain in the country, increasing its productive processes of vertical integration (production-processing-trading). Half of the annual production is exported (counter-season sales) and the…
