Argentina’s exports and imports fall by double-digit figures in March
Apr, 22, 2020 Posted by Sylvia SchandertWeek 202018
Data released this Wednesday (22/04) by the National Institute of Statistics and Censuses (Indec) of Argentina showed that its foreign trade with other countries fell 17.6% in March, compared to year-ago levels. The trade flow reached US$7.49 billion, in the third month of the year.
While exports fell 15.9% to US$4.32 billion, imports decreased by 19.7% to US$3.17 billion last month. As a result, Argentina had a surplus of US$1.14 billion in March. In previous months, imports had been falling at a similar pace to that of March, due to the crisis the country has been facing since 2018. Exports, however, has been recovering. Before the pandemic, sales of agricultural products to other countries were the government’s big bet for the recovery of Argentina’s economy.
Source: Valor
-
Trade Regulations
Mar, 10, 2021
0
Brazilian government wants to reduce dependence on imported fertilizers
-
Trade Regulations
Mar, 08, 2024
0
EU delays stricter rules on imports from deforested areas
-
Ports and Terminals
Aug, 03, 2022
0
Anymal: Port of Tubarão recruits a special maintenance assistant
-
Ports and Terminals
Oct, 13, 2021
0
Suape and CESAR begin developing a system to increase port operations efficiency