Weekly Report - 05 March 2015 (WR-15-09)

URUGUAY | Falling exports. Uruguay’s exports fell by 3.3% year-on-year in February to US$564m, the investment and exports promotion institute, Uruguay XXI, revealed on 2 March. This is the first fall in Uruguay’s overall export levels by value since 2013 and it comes on the back of an identical 3.3% yearly decrease recorded in January, suggesting that this could be the start of a new downward trend. Indeed, the February results bring the cumulative export figure so far this year to US$1.1bn, 0.9% less than during the same period last year.

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