Bilateral trade with Colombia reached US $ 941 million in 2018 (four-year record)

The badysis carried out by the Argentine Chamber of Commerce and Services (CAC) It shows that in 2018, bilateral trade between the two countries reached the highest figure of the last four years. The increase was 19% in comparison from one year to the next. This is the biggest record since 2014.

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Source: CAC

While reflecting an optimistic outlook for growth, this record is at 2008 levels and even lower than those achieved after the 2009 crisis, representing a 61% decrease from the US $ 2.435 million maximum. achieved in 2008. the year 2012.

In the disaggregated, Exports to Colombia totaled 650 million US dollars, which implies a growth of 16.6% compared to 2017. Freight vehicles accounted for 35.1% of shipments. While barley accounted for 16.5% and corn grain 6.2% of the total.

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Bilateral trade with Colombia recorded a surplus of US $ 359 million.

Source: CAC

On the other hand, Imports from Colombia amounted to US $ 291 million. This is 24.9% more than last year. "The main imported products were pbadenger vehicles, trips over 1500 cm3 and less than or equal to 3000 cm3, with 20.2%, bituminous coal without agglomeration, which accounted for 16.7% of imports, and naphtha for petrochemicals, with 5.2% of the total, "says the report of the CAC.

Argentina thus recorded a surplus of US $ 359 million in 2018, 10.6% more than the previous year. At that time, bilateral trade was also favorable for the local market at $ 325 million.

By comparison, the country has posted positive balances over the past 26 years: the year's highest was in 2012, with a closing of $ 1,724 million.

As part of a state visit, President Mauricio Macri and First Lady Juliana Awada will receive their Colombian counterpart Duque and his wife María Juliana Ruiz and will be invited to a private dinner.

duke will attend this Monday morning breakfast with Argentinian businessmen at Duhau-Park Hyatt Palace. Later, he will be officially received by Macri at Casa Rosada where they will officially meet at the presidential office.