January 9, 2007

 

Value of Uruguay's meat exports up 24 percent in 2006
 

 

Uruguay exported US$1.1 billion worth of meat in 2006, up 24 percent compared to 2006, according to data of the National Meat Institute (INAC).

 

Meat exports totalled 516,826 tonnes in 2006, with beef accounting for 60.9 percent.

 

Uruguay's beef exports stood at US$952 million in 2006, up 24 percent year-on-year.

 

Russia accounted for much of the increase in Uruguay meat exports in 2006, accounting for 21.8 percent of the country's meat exports for the year while the South American trade bloc Mercosur accounted for 11.3 percent.

 

Beef exports to the EU represented 10.4 percent of the country's total meat exports.

 

The North American Free Trade Agreement (NAFTA) member states -Mexico, Canada and the US, remain the main importer of Uruguayan beef. However, their share of total exports was nearly halved from 77.1 percent in 2005 to 39.1 percent in 2006.

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