Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
USD 1,741 million in losses suffered by Uruguay's agricultural sector due to the 2022-2023 water deficit, equivalent to 3% of the recent average GDP (Ministry of Livestock, Agriculture and Fisheries of Uruguay, 2024).
1.2 billion poor people in developing countries depend on livestock for food security and income (UNCCD, 2024).
USD 8.70 billion was the estimated size of the agricultural machinery market in Latin America in 2023, with a projected growth to USD 11.70 billion in 2028 (Mordor Intelligence, 2023).
13% of the net value of global agricultural and fishery production came from Latin America and the Caribbean between 2021 and 2023, with an even higher share of 18% in total exports (OECD and FAO, 2024).
10% of global fishery production comes from LAC, and a projected annual growth of 0.6% will allow this share to be maintained by 2033 (OECD and FAO, 2024).
2.6% is the projected reduction in agricultural greenhouse gas emissions in Latin America and the Caribbean by 2030 (OECD and FAO, 2024).
Nearly 20% of the total export value corresponds to the consolidated exports of the CAN countries, reaching an amount of US$30,628 m, reflecting the importance of intraregional trade in economic strengthening (Furche, 2024).
They reached US$20.559 billion, representing just over 13% of the total import value of the subregion (Furche, 2024).
More than US$10 billion is the surplus exhibited by the aggregated trade balance of the CAN agricultural sector, reflecting its strong export performance (Furche, 2024).
Imports have steadily grown since 2018, with peaks in 2021 and 2022, due to rising international prices of commodities in which CAN countries have deficits, such as cereals and oilseeds (Furche, 2024).
