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Agricultural exports to fall 21% due to drought

Posted On: Feb. 13, 2023 9:59 AM CST

According to the Agricultural Foundation for the Development of Argentina, agricultural exports will fall 21% year-on-year to $47 billion in 2023, mainly due to the ongoing drought, Buenos Aires Herald reported. Sergio Massa, the country's economy minister, said that although recent rains brought some relief, the drought has already caused significant damage in the country.