Export of Mendoza 2008 – 2017

Export of Mendoza 2008 - 2017

by CEM

Exports of Mendoza products reached US $ 1,337 million in 2017, a slight increase of 0.9% compared to 2016, in a context where Latin American exports rose by 12%, the world economy grew to a 3% rate , and our main trading partners rose 2.3% in the case of the United States and 1% Brazil. The amount exported by our province in 2017 was barely comparable to the amount of USD 1,334 million in 2007 and 26% lower than the US $ 1,806 million in 2012, the highest amount achieved in the past decade.

Exports from Mendoza represented 2.3% of the national total. Similarly, the share of Mendoza exports in the provincial geographical gross product was 7.5% in 2017, compared with 12.7% in 2008.

In 2017 Mendoza exported U $ S 693 per inhabitant, a 14th place among the Argentine provinces, below the national average of U $ 1,327 / inhabitant. Other countries in the region, such as Chile and Mexico, reached US $ 3,802 and US $ 3,202 per inhabitant, respectively. The paper presents an analysis of the export profile of other wine countries such as Australia, Chile and New Zealand. In all cases, these countries with high export per capita relative to Argentina and Mendoza, as a result of long-term trade and export policy, focus on markets on the Asian continent (50.4% in the case of Australia and 43.1% in Chile). ) and levels of competitiveness of their economies and business environments that allow them to exploit their export potential based on the value of their natural resources and their agro-industrial products, resources that in many cases possess our country and our province.

71% of the export from Mendoza in 2017 corresponds to Manufactures of Agricultural Origin, followed by Primary Products with 16% and Manufactures of Industrial Origin with 10%. In the past 10 years, the MOA's participation has increased from 58% to 71%, a sharp decline in the share of the Fuel and Energy sector and the relative stability of the primary products.

Mendoza's main export product remains fractionated wine in packages of up to 2 liters, with 50% of the total. More than 56% of exports are concentrated in three products of the wine industry. Garlic breaks that hegemony, with a second place with 10%. The United States was the first destination of our exports in 2017, but with a decline in turnover of 12% compared to 2016, followed by Brazil. The low diversification of destination markets is maintained, with a high dependence on the United States in the case of wines and grape juice, and Brazil on garlic. The three main export destinations represented 50.4% of our sales abroad in 2017. It should be noted that although the United States, the United Kingdom and Canada are concentrating a large proportion of their purchases in Mendoza, Brazil and Chile, there is a structure more diversified.

Mendoza and Argentina face the challenge of increasing their foreign trade and generating the foreign exchange needed by our economy to grow while maintaining the balance of payments. Although the recent devaluation helps to improve the real exchange rate, it does not solve the long-term competitiveness issue. That is why it is important to work with the Nation on an agenda that focuses on reducing logistics costs, labor costs, financing costs and tax burden, streamlining of procedures, the realization of more free trade agreements that provide conditions for access to third markets, among others. Continued growth in Mendoza exports must be accompanied by greater diversification of our productive matrix, by responding to the development opportunities that Mendoza offers, in relation to unconventional hydrocarbons, responsible mining, innovative ecosystems, creative industries, technologies development for The World and Entrepreneurship, to mention only some of the sectors in which Mendoza is even more noticeable in the near future, complementing other sectors such as wine and tourism, of which we are already known beyond our borders.

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