Monetary Policy Framework Enhancement
2
Higher commodity prices and goods exports are
lifting the agricultural sector; the government seeks to expand
trade flows and trade agreements
Uruguay remains firmly committed to international trade openness, integration and free
flow of goods and services with the world
Export of Goods (1)
(YoY change in dollar value, in %)
110
Commodities Exports Prices (2)
(Index base 100 = January 2017)
140
Exports to China
90
Total Exports
80.8
130
70
50
30
10
-10
-30
-50
Jan-20
(1)
Source: Uruguay XXI.
120
17.2
110
Jul-20
Jan-21
Jul-21 Oct-21
100
لسر
130.3
90
Jan-17 Nov-17 Sep-18 Jul-19 May-20 Mar-21 Sep-21
9
(2) Source: CPA Ferrere, based on Bloomberg and National Institute of Meat of Uruguay (INAC). Weighted-average of soybeans, meat, rice, dairy products, and pulp exportsView entire presentation