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China and the United States Remain Top Destinations for Forestry and Agricultural Exports
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The forestry and agricultural trade balance in the first nine months of 2024 reached USD 8.854 billion, marking a significant increase of 21% compared to the same period the previous year.
The Office of Agricultural Studies and Policies (Odepa) reported that forestry and agricultural exports from January to September totaled US$ 15.215 billion, reflecting a 10% growth compared to the same period the previous year.
The main destination countries, ranked by their share of participation, were China (31%), the U.S. (21%), Japan (4%), Mexico (4%), the Netherlands (4%), South Korea (4%), Brazil (4%), and Colombia (2%).
Andrea García, director of Odepa, noted that "it is positively noteworthy that shipments of industrial forestry and agricultural products grew by 7% compared to the previous year, reaching US$ 8.177 billion in the mentioned period this year. Industrial sector products accounted for 54% of the total."
In the first nine months, agricultural shipments reached US$ 9.903 billion, a 12% increase. Meanwhile, livestock shipments amounted to USD 1.239 billion, rising by 4.9%. As for forestry shipments, they totaled US$ 4.073 billion, an 8.9% increase. All variations are compared to the same period in 2023.
From January to September 2024, the main exported categories were fresh and dried fruits; pulp; wines and spirits; processed fruits; manufactured wood; meats and byproducts; sawn wood; wood chips; seeds for planting; dairy products; processed vegetables; fresh vegetables; flowers, bulbs, tubers, and plants; and honey.
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