Which ten companies exported 90% of the grain in 2018

The Rosario Stock Exchange (BCR) reported that the top 10 exporters of grains and derivatives were responsible for 90.3% of Argentine shipments abroad in 2018.

Five of them exported 54% of the 69 million tonnes of cereals, flour and oils produced in the country last year.

According to the ranking established by the BCR on the basis of data from the Ministry of Agri-Food, Brazil and Vietman were the main buyers of local cereals and five countries acquired half of the Argentine production.

The Cargill, ADM Agro and Bunge companies were the top three exporters: Cargill shipped about 9.6 million tonnes (14% of the total), ADM about 7.3 million (11% of the total) and Bunge 7.2 million (10% of the total) ", according to the report of the institution.

China's COFCO ranks fourth with 6.8 million tonnes of exports, with General Aceitera Deheza fifth at 6.7 million and Vicentin sixth at 6.5 million tonnes.

The top five grains, with ports in Gran Rosario, account for 54% of total grain and by-product exports, while the top ten account for 90.3% of shipments.

The data does not include goods of Bolivian and Paraguayan origin from those countries that have traveled to Gran Rosario for transhipment on ocean-going ships or exported by land or container, the report said. report.

The work published by Telam indicates that Brazil and Vietnam were the main buyers of cereals in Argentina in 2018, "a quarter of the grain being bought by these two countries".

He explains that "with regard to export grain exports, Brazil was the largest buyer with 5.7 million tonnes, followed by Vietnam with 4.4 million tonnes".

The two countries "buy 25% of grain shipped by Argentina" and "if these two buyers are joined by Algeria, China and Egypt, the five countries buy 51% of Argentine cereals ", did he declare.

In the case of soybeans, "China has asked for 96 percent of the beans that our country shipped in 2018, some 3,264,038 tons". Thus, the participation of this country in this market has been intensified compared to the previous year, "while it absorbed 87% of the total national shipments."

The report states that "Brazil remains Argentina's largest customer for wheat, and by 2018, out of a total of 11.2 million tonnes of grain shipped abroad, our neighbors have acquired about 5 million about 44%. "

In corn, five countries bought in 2018 63% of local production, namely Vietnam, Algeria, Egypt, Malaysia and Saudi Arabia.

The Bolsa de Rosario adds that "the lot of buyers of soybean meal and Argentine sunflower remains highly atomized since, according to official data, no country buys more than 10% of the soybean / sunflower meal Argentina".

Thus, in 2018, "Vietnam is the country that has the most bought the flagship product of the Argentine trade balance: about 2.8 million tons of protein meal", followed by Indonesia with 2.5 million .

Finally, the document states that "Argentina remains very dependent on Indian purchases of soybean oil and sunflower, knowing that in 2018, it bought 43% of the vegetable oil shipped Argentina, about 2.2 million euros out of a total of 5.1 million euros sent abroad.

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