By Nicole Alejandra Benavides / Translated by Samai Páez

Uruguay is one of the most important exporters in the world in terms of wool quantity. Its quality is recognized among international buyers thanks to its softness and resistance, characteristics that are given thanks to the sheep breeds raised in the South American country.

According to data from the National Institute of Statistics of Uruguay, Uruguayan wool has experienced a notable increase (around 30%) in its exports during the first half of 2024, which makes it a key product in the international fashion market.

This growth is due to multiple factors, among which investment in sustainable technology and processes stands out, which has led to the improvement in the efficiency and quality of production, engaging fashion brands that seek to reduce their ecological footprint through subsidy policies and training programs that promote the modernization of the industry and the improvement in production practices.
de producción.

In addition, it is important to highlight the diversification of destination markets. An increase in exports to countries such as Vietnam, India and Brazil has helped mitigate the risks associated with the dependence on a few large markets such as China and the European Union. However, even though the wool industry has seen an increase in employment opportunities and investment in infrastructure, producers still face major challenges such as international price volatility and tariff barriers in some markets. As well, competition from other wool-producing countries, such as Australia and New Zealand, remains strong.

This growth, driven by product quality, the addition of sustainable practices and market diversification, has revitalized a crucial industry for the national economy, in which the Uruguayan government has played a crucial role in supporting the sector, through subsidy policies and training programs. Collaboration between the public and private sectors has been essential to achieve current export levels and ensure a promising future for Uruguayan wool.

Sources: https://pe.fashionnetwork.com/news/La-exportacion-de-lana-uruguaya-cierra-el-primer-
semestre-de-2024-en-ascenso,1650321.html

https://www.uruguayxxi.gub.uy/es/centro-informacion/articulo/sector-lanero/