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09/02/2017
Cordoba Exports to the United Arab Emirates   Grew at an Average Annual Rate of 8.8% for the Period 2010-2015

From the Technical and Commercial Information Area of our agency, business statistical reports on exports from Cordoba to Middle East were done.

Then, we present a brief overview of them and, at the end of this newsletter, we provide you with the links to access these reports.

During 2010-2015, Cordoba exports to United Arab Emirates increased at an annual average rate of 8,8%. In 2015, it ranked 36th place, after climbing 10 positions among the export destinations of the province.

Moreover, during these years, United Arab Emirates  ranked fifth as an export destination from Cordoba to Middle East, with an average participation of 7% in the shipments made to this region.

The added exports of the period 2010-2015 were almost totally concentrated on “Primary Products” (PP), mainly preparation of cereals and vegetable, and Agricultural Manufactures (MOA), primarily legumes and vegetables in equal proportions. However, in 2015, a greater participation of MOA is observed, reaching 57%.

During the first term of 2016, Cordoba exports to United Arab Emirates reached 17.9 million dollars, which meant a 26% fall with respect to the previous year. In this decline, the low level of cereal exports was relevant. These exports decreased 41% and represent approximately 63% of the province’s exports to the United Arab Emirates.

Since 2011, Argentine exports to United Arab Emirates  have shown a decline in accordance with the country’s exports at a general level. In 2016, a significant recovery is seen, with 38% increase in relation to 2015. They reached 240 million dollars. The significant increase of the Agricultural Manufactures (MOA) had an impact on this recovery. They increased 109% in terms of value and 437% in terms of volume.

The imports of Argentina from United Arab Emirates also showed an increase in 2016, reaching 71 million dollars. This meant 77% more than imports of the previous year.  In this evolution, “fuels and lubricants” are highlighted since they grew by 188% in terms of value and 251% in terms of volume.