Exports, both traditional and non-traditional, accumulated more than US$3,928 million between January and June of this year, registering a contraction of -1% compared to the same period in 2022 (US$3,971 million)according to the Agro-export Management of the Association of Exporters (ADEX).
According to the business union, The drop was due to various factors linked to coffee, the main product of the primary agricultural supply, which concentrated 76.8% of that total (US$158,187,000 out of US$205,964,000).
This is due to the lower price on the New York Stock Exchange, the greater demand for cheaper coffees and the distortion, after a shortage of vessels was registered at the end of 2021, which was overcome in 2022, generating an exponential increase.
In addition, The European Union, one of the most important blocks for agricultural exports, implemented new regulations, establishing sanitary requirements that supplier countries must comply with and on which we are already working with the members of the chain. Some are related to maximum residue limits for pesticides and heavy metals.
Primary products
The union institution reported that traditional agricultural dispatches (US$205,963,000) experienced a decrease of -55.2%, between January and June 2023, compared to the same period last year (US$459,847,000). Coffee (US$158,187,000) fell -63.6%. Others were cane sugars and cane molasses.
The USA, with US$ 37,811,000 (-63%), remained in first place in the ranking of destinations with a representation of 18.3%. It was followed by Ecuador, Germany, Belgium, Colombia and South Korea.
non-traditional exports
Non-traditional agricultural exports (just over US$3,722 million) presented an increase of 6% compared to the same period in 2022 (US$3,511 million). Fresh grapes (US$667,354,000), avocados (US$617,766,000), mangoes (US$207 million) and blueberries (US$185 million) stood out, with 15.8%, 27.7%, 0.5% and 26.5% increase, respectively.
Its two main markets, concentrating jointly 45% of the total, were the US (US$1,089,341,000) and the Netherlands (US$573,471,000). While the first contracted -5.5%, the second closed in blue with 10.9%.
They completed the top ten Spain ($267 million), Chile ($203 million), Ecuador ($198 million), Mexico ($164 million), China ($159 million), United Kingdom ($119 million), Colombia ($93,594,000) and Hong Kong ($84,378,000).
Source: Larepublica
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