Monday , June 5 2023

The decline in imports continues – LA NACION


Source: archive

In October they dropped by 18.2%; more than a month

Last month, exports increased by 1.4% to $ 5354 million. Imports decreased by 18.2% to US $ 5077 million. It's a dollar. Thus, according to Indez in October, the country had a positive balance of $ 277 million.

On the other hand, trade (export and import) declined by 9.2% as compared to the same period of the previous year and amounted to USD 10,441 million. Taking into account the aggregate of the first ten months, Argentina will continue the deficit of $ 6.175 million, as its exports totaled $ 50,988 (an increase of 3.3 percent compared to the same period in 2017) and imports totaled $ 57,164, an increase of 3.2 percent .

In October, the largest foreign currency sector was $ 2027 million. USD (4.4%) of agricultural production; 1824 mln. Industrial production in US dollars (-3.4%); 114 million US dollars (-3.2%), as well as fuel and energy, 389 mln. US dollars (-31%). The biggest decline in imports was in automobiles, tractors, bicycles and other vehicles ($ 545 million); Telephones, including mobile phones (US $ 134 million); automated data processing and processing machines ($ 103 million) and mineral fuels (US $ 100 million).

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