Investor Presentaiton
1
Goods exports hit a record high in 2022 on the back of higher
commodity prices and strong agricultural production; inbound tourism
was higher in 2023Q1 than in 2019Q1, before the global pandemic.
Export of goods (1)
(Annual, in millions of FOB USD)
14000
Commodities exports prices (2)
(Index base 100-Jan 2017)
7000
2011
2015
Export of goods by destination (1)
(% in total, 2022)
7.6
160
10,026
140
120
100
80
2019
June 23
Feb-17
Last 12 months
130.8
Sep-18
Apr-20
Nov-21
Jun-23
Inbound tourism(3)
(Number of people visiting Uruguay, in thousands)
First quarter of each
year
Pandemic
Second quarter
3000
21.7
China
30.2
European Union
2000
Brazil
Argentina
United States
1000
12.3
Rest of the world
18.3
(1) Source: Central Bank of Uruguay.
2019
2020(*)
2021(*)
2022
2023
(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 export prices.
(3) Source: Ministry of Tourism. (*) 2020 and 2021 are estimates based on migration data, made by Ministry of Economy and Finance. Quarterly breakdown is not available for these years. Tourism 5
statistics for 2023 correspond to data collected up until the second quarter,View entire presentation