Argentina's Agricultural Exports Take a Plunge

Argentina's agricultural exports saw a significant decline in November, dropping by 32% from the previous month and 62% from the same month last year, according to CIARA-CEC grains processors and exporters' chamber.

In November, Argentina's agricultural exports recorded a steep fall, amounting to $759.7 million. This marks a 32% decrease compared to October, as reported by the nation's CIARA-CEC grains processors and exporters' chamber.

The decline becomes even more pronounced when looking at year-over-year figures, with a 62% drop compared to November of last year, when the sector had generated a substantial $1.99 billion.

This decrease highlights ongoing challenges within Argentina's agricultural sector, impacting the overall economic contributions from this vital industry.

(With inputs from agencies.)