Thursday, January 19, 2023 | 7:00 p.m.
The commercial exchange of last year closed with a surplus of US$ 6,923 million, against the profit of US$ 14,751 million in 2021, reported the Institute of Statistics and Censuses (Indec).
#DataINDEC
Foreign trade: in December 2022, exports fell 7.1% year-on-year; and imports, 19.3% https://t.co/d1Sy1uxFGc pic.twitter.com/PJJqAB5aaJ— INDEC Argentina (@INDECArgentina) January 19, 2023
This result was obtained after December concluded with a profit of US$1,102 million, against US$371 million in the same month of 2021.
During the past year, exports totaled US$88,446 million and imports, US$81,523 million, so the exchange increased 20.4% last year and reached US$169,969 million.
Foreign sales increased 13.5%, that is, an additional US$ 10,512 million, as a result of a 16.2% rise in prices and a 2.3% reduction in quantities.
Meanwhile, the billing of imports increased 29%, to US$ 18,339 million due to an increase of 16.3% in prices and 11% in quantities.
The rise of 15.8% of Manufactures of Industrial Origin (MOI) was highlighted to add US$ 3,148 million, due to higher sales of land transport material, with an increase of 23%; chemical and related products, 15.9%; common metals and articles thereof.
Conversely, falls were observed in beverages, alcoholic liquids, and vinegar; dried or processed fruits; and other products of animal origin.
In Primary Products (PP) grew 9.4% (US$ 2,059 million), due to higher sales of cereals; in particular wheat and meslin. Sales of unprocessed tobacco and honey also increased, while unprocessed fish and shellfish; Fresh fruits; metal ores, slag and ash; and dirty wool registered losses.
Regarding imports, the 120% increase in Fuels and Lubricants stood out, some US$ 7,025 million, due to higher diesel purchases; liquefied natural gas; among others.
Source: Telam
