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Livestock report
EXECUTIVE SUMMARY
The agricultural sector accounts for 6% to 7% of GDP in Uruguay (2015-2019). When including the associated sub-sectors and industries, ...
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EXECUTIVE SUMMARY
- The agricultural sector accounts for 6% to 7% of GDP in Uruguay (2015-2019). When including the associated sub-sectors and industries, it is referred to as the agro-industrial sector and its share ranges from 14% to 16% of GDP (2015-2019). Agro-industry, in addition to its direct participation, has positive effects on other sectors, with backward linkages (due to greater demand for transportation services, storage, input production, telecommunications, etc.) and forward linkages (much of the domestic agro-industrial production serves as an input for other industries).
- In 2021, approximately 106,000 people worked in livestock activities and related industries. Of this total, 70% were in primary activity, while the remaining 30% were employed by industry.
- The livestock sector kept leading as Uruguay’s main export sector, generating revenues of USD 3,614 million in 2021—an all-time record for the sector—with a 60% growth in the year-on-year comparison.
- Among livestock sector exports, meat products totaled USD 3,047 million in 2021, corresponding to 717,000 tons, a year-on-year increase of 34% in volume.
- Uruguayan exports of livestock products in 2021 went to almost 100 destinations, with a strong share of countries in Asia and the Middle East (63%), Europe (18%) and North America (11%).
- China was the main export destination for Uruguayan cattle products. In 2021, it concentrated 60% of the sector’s external sales, totaling USD 2,162 million of livestock products, practically doubling the amount exported in 2020 (41% higher than in 2019).
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