Blog IICA

Evidences

154 results

North American imports increase

02/07/2024 Go to Evidence

19% is the projected growth in the value of imports into North America by 2033, compared to a 13% increase in the value of exports (OECD and FAO, 2024).

(OCDE y FAO, 2024)

OECD/FAO (2024), OECD-FAO Agricultural Outlook 2024-2033, OECD Publishing, Paris/FAO, Rome, https://doi.org/10.1787/4c5d2cfb-en.

North American soybean exports

02/07/2024 Go to Evidence

34% is North America's share of global soybean exports in 2024, which is expected to decline to 31% by 2033 (OECD and FAO, 2024).

(OCDE y FAO, 2024)

OECD/FAO (2024), OECD-FAO Agricultural Outlook 2024-2033, OECD Publishing, Paris/FAO, Rome, https://doi.org/10.1787/4c5d2cfb-en.

Increase in CAN agricultural exports

01/07/2024 Go to Evidence

Nearly 20% of the total export value corresponds to the consolidated exports of the CAN countries, reaching an amount of US$30,628 m, reflecting the importance of intraregional trade in economic strengthening (Furche, 2024).

Furche, C. (2024, julio)

Furche, C. (2024, julio). Fortalecimiento de las exportaciones agroalimentarias de los países de la CAN: Informe final. [Informe técnico].

CAN agricultural imports

01/07/2024 Go to Evidence

They reached US$20.559 billion, representing just over 13% of the total import value of the subregion (Furche, 2024).

Furche, C. (2024, julio)

Furche, C. (2024, julio). Fortalecimiento de las exportaciones agroalimentarias de los países de la CAN: Informe final. [Informe técnico].

Trade balance of the CAN agricultural sector

01/07/2024 Go to Evidence

More than US$10 billion is the surplus exhibited by the aggregated trade balance of the CAN agricultural sector, reflecting its strong export performance (Furche, 2024).

Furche, C. (2024, julio)

Furche, C. (2024, julio). Fortalecimiento de las exportaciones agroalimentarias de los países de la CAN: Informe final. [Informe técnico].

Variation in CAN imports

01/07/2024 Go to Evidence

Imports have steadily grown since 2018, with peaks in 2021 and 2022, due to rising international prices of commodities in which CAN countries have deficits, such as cereals and oilseeds (Furche, 2024).

Furche, C. (2024, julio)

Furche, C. (2024, julio). Fortalecimiento de las exportaciones agroalimentarias de los países de la CAN: Informe final. [Informe técnico].

Economic impact of drought in Argentina

18/06/2024 Go to Evidence

45% of the production of the main crops fell due to the drought, reducing soybean exports by 40% and generating losses of USD 20 billion, 3% of Argentina's GDP (World Bank, 2024).

Banco Mundial, 2024

Banco Mundial (2024), Hacia un sector agroalimentario más competitivo, inclusivo y resiliente en Argentina, © Washington, DC