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Economy

DataLiner: Uruguay exports via containers up 8.51% in 1H22; Argentina registers slight drop

Aug, 05, 2022 Posted by Gabriel Malheiros

Week 202231

Exports via containers from Uruguay grew in 2022. Data recently released on DataLiner indicate that, in the first six months of the year, the country exported 72,151 TEUs, up 8.51% compared to the same period in 2021, when the country registered 66,489 TEUs shipped. See more below:

Uruguayan container exports (Year-to-date) | Jan – Jun | 2019 – 2022 | TEUs

Source: DataLiner (click here to request a demo)

In June alone, Uruguay exported 14,343 TEUs, an increase of 25.34% compared to the same month in 2021. See below:

Uruguayan container exports (month-on-month) | Jan – Jun | 2019 – 2022 | TEUs

Source: DataLiner (click here to request a demo)

Meat continues to be a highlight in Uruguayan exports. In the first half of 2022, beef shipments abroad grew 26.8% compared to the same period in 2021. Likewise, wood in general increased by 20.4%. On the other hand, rice exports fell by 30.3% in the same period.

Uruguayan imports also saw a positive performance in the first six months of 2022: 78,815 TEUs, a volume 12.01% higher than in the same period in 2021, when 70,358 TEUs were imported. Check it out below:

Uruguayan container imports (Year-to-date) | Jan – Jun | 2019 – 2022 | TEUs

Source: DataLiner (click here to request a demo)

In terms of imports, the highlights were the increase in auto parts and engine volumes, which grew 90.6% compared to the first half of 2021. In addition, steel imports fell by 27.6% when comparing January to June 2022 and 2021.

Argentina

Unlike Uruguay, which increased shipments, Argentina saw a slight drop in exports via containers. In the first six months of 2022, the country exported 4.79% fewer containers (233,617 TEUs) than in the first half of 2021 (245,374 TEUs). See below the year-to-date results of Argentine exports via containers, from January to June, in the last three years:

Argentine container exports (Year-to-date) | Jan – Jun | 2019 – 2022 | TEUs

Source: DataLiner (click here to request a demo)

In June 2022, Argentina exported a volume very similar to June 2021: 39,364 TEUs (2022) versus 39,402 TEUs in 2021.

Argentine container exports (month-on-month) | Jan – Jun | 2019 – 2022 | TEUs

Source: DataLiner (click here to request a demo)

In the first six months of 2022, the country exported 15.8% less fruit in containers compared to the same period in 2021. Shipments of vegetable oils and fats also fell: -10.6% in the same comparison.

Plastic shipments, on the other hand, increased by 32.6% in January-June 2022 vis-a-vis the same period last year.

Argentine imports via containers also maintained certain stability, with only a slight increase. In the first six months of 2022, 309,807 TEUs were imported, a volume 2.21% higher than the 303,091 TEUs in the first half of 2021. See below:

Argentine container imports (Year-to-date) | Jan – Jun | 2019 – 2022 | TEUs

Source: DataLiner (click here to request a demo)

In terms of month-on-month volumes, Argentina imported 47,019 TEUs in June 2022, a volume 2.69% higher than in the same month of 2021. See below:

Argentine container imports (month-on-month) | Jan – Jun | 2019 – 2022 | TEUs

Source: DataLiner (click here to request a demo)

In terms of imports, the highlights are the 69.2% growth in pneumatic rubber tire imports via containers in the first half of 2022 compared to the same period of the previous year and a 32.9% growth in glass landings in the same period of comparison. In turn, Brazil’s largest neighbor received 31.6% fewer air conditioners in the first half of 2022 compared to the same months of 2021.

It is worth noting that, on June 27, the Central Bank of Argentina announced temporary restrictions on access to the foreign exchange market for large companies and importers of luxury items, such as cars and private jets, to curb the growing flight of dollars and the loss of foreign currency reserves. However, imports of energy, capital goods, and medicines are exempt from these restrictions. The reflection of this measure should appear from the July result.

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