The Foreign Trade of Latin America : a Report On the Trade of Latin America With Special Reference to Trade With the United States .. Pt.2, Section 9 (Uruguay)

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Source: Compilecjl by the U. S. Tariff Commission from Anuario Esta- distico de la Rep\iblica Oriental del Uruguay.
17 Uruguay's exports in 1929 were valued at 93 million pesos (92 mil- lion dollars). In 1932, as a res\ilt of low prices, trade restrictions abroad, and the operation of the exchange control system, they declined to 58 million pesos (27 million dollars), or 61 percent of the 1929 peso value and 30 percent of the dollar value. The value of exports increased thereafter, reaching 99
...million pesos (55 million dollars) in 1937. The peso value of exports in this year was larger than in 1929, but the dollar value was only about 60 percent as great. In 1938, exports declined slightly to 96 million pesos (nearly 55 million dollars); the decrease largely res\ilted from lower prices of wool and smaller exports of some meats. Preliminary reports indicate that ex- ports in the first 10 months of 1939 totaled 84. million pesos, as com- pared with 75 million pesos in the same period of 1938.

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