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What are major industries in Uruguay?
MAJOR INDUSTRIES: Agriculture, Cement, Fishing, Meat Processing, Oil Refining, Tanning and Leather Goods, Tourism, Wool and Textiles. MAIN EXPORTS: Canned Meat, Fish, Hides and Leather Goods, Meat, Rice.
What is Uruguay known for producing?
Uruguay’s main agricultural products are indigenous cattle meat, whole fresh cow milk, paddy rice, wheat, soybeans, grapes, greasy wool, indigenous chicken meat, indigenous sheep meat, sunflower seed. There are 759,000 hectares of organic land in Uruguay and approximately 500 organic farms operating in the country.
What natural resources does Uruguay have?
Uruguay’s mineral commodities include clays, semiprecious gemstones, gold, iron and steel, sand and gravel, and stone. Uruguay has no proven natural gas or oil reserves but it does have substantial hydroelectric capacity.
What are the top three economic industries in Uruguay?
Services, agriculture, and manufacturing, are the biggest industries in the country, representing 71.9%, 20.6%, and 7.5% of the GDP respectively. The official currency used in the country is known as the Uruguayan Peso.
What are the major industries in Uruguay?
Major Industries of Uruguay. Uruguay’s major industries are agriculture, manufacturing, food processing and tourism.
What is the primary industry in urugay?
Agriculture Industry. Agriculture is another major industry in the country and accounts for about 10% of Uruguay’s Gross Domestic Product. Historically, the industry was the primary driver of Uruguay’s economy and was at its peak in the early 20th century in what was known as the “Golden Era.”.
What are the major products of Uruguay?
The major agricultural products produced in Uruguay are rice, wheat, soybeans, barley, livestock, beef, fish, and forestry. Other industries include food processing, electrical machinery, transportation equipment, petroleum products, textiles, chemicals and beverages.
What are Uruguay’s main economic activities?
Uruguay’s economy remains dependent on agriculture and services. Agriculture and agri-industry account for 12% of GDP, and for about 70% of total exports. Leading economic sectors include commerce, agriculture and agri-industry (meat processing, wood pulp, rice, soybeans, and wheat), and construction.