Argentina's trade contracted 14% in June compared to the same month in 2019, total of 8.088 million dollars, as a result of the restrictions caused by the new coronavirus pandemic, the National Institute of Statistics and Census (Indec) reported on Tuesday (28.07.2020/XNUMX/XNUMX).
"Trade exchange (exports plus imports) decreased by 14% compared to the same period last year and reached a value of 8.088 billion dollars," said Indec.
exports In June, they reached 4.786 billion dollars, 8,6% less in interannual terms (453 million dollars), after prices and quantities were reduced by 6,7 and 2,1% respectively.
Foreign sales that The largest decline was in industrial manufactures, which fell by 45,9%. year-on-year, followed by fuel and energy sales (27%) and agricultural manufactures (8,2%).
On the other hand, exports of primary products increased by 46,3%., the report states.
imports, which amounted to 3.302 billion dollars, contracted 20,8% year-on-year (equivalent to 869 million dollars), with quantities and prices decreasing 14,6 and 7,2% respectively.
The most popular purchases abroad Those that contracted were passenger motor vehicles (53,8%), fuels and lubricants (50,6%), those of parts and accessories for capital goods (37,7%) and those of capital goods (26,8%).
Argentina ends the first five months of the year with exports of 27.388 billion dollars, 11% less than in the same period of 2019.
Imports during this period, at $19.291 billion, fell 23,3% year-on-year.
In this way, the trade surplus reached 8.097 billion dollars.
Destinations
Argentina's main trading partners were China, Brazil and the United States.
A China Goods worth 666 million dollars were exported in June (51,7% more year-on-year) and imports were worth 692 million dollars (10,8% less), which resulted in a $26 million deficit.
With sales to Brazil for 462 million dollars (48,9% less) and purchases for 583 million (30,3% less), the deficit with this country was 121 million dollars.
Exports to United States They also presented a deficit of 31 million dollars, with exports of 338 million (40,2% more) and imports of 370 million (28% less).
Trade exchange with the Mercosur, made up of Argentina, Brazil, Paraguay and Uruguay, also had a deficit of 208 million dollars.
Exports to this bloc fell 41,9% year-on-year to $623 million ($449 million less than in June 2019), while imports fell 20,6% year-on-year to $830 million ($215 million less).
The following countries also stood out for exports: Vietnam (334 million dollars),Egypt (269 million dollars), India (203 million dollars), Chile ($177 million), Malaysia
(125 million dollars).
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