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Tuesday, 30 January 2024 02:33

Decrease in maquila exports and imports of oil derivatives by 2023

Written by Denis Muñoz
Decrease in maquila exports and imports of oil derivatives by 2023 Courtesy

The most recent report of exports and imports of the Banco Central de Reserva, indicated a considerable reduction in maquila exports reaching a decrease of 23.1% and a downward variation in imports of oil derivatives by 6.9% at the end of 2023.

Maquila exports reached US$980.9 million, a significant reduction compared to 2022, which reached US$1,401.2 million, according to Banco Central de Reserva (BCR) statistics.

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As for imports of petroleum derivatives, the reduction was seen in products such as gasoline, diesel and propane gas, reaching US$2,487.8 million, a reduction of 6.9% compared to the US$2,673 million recorded in 2022.

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The report also noted reductions in exports of traditional products such as coffee and sugar, where the golden bean experienced a drop in exports of 16.84% and sugar 5.25%.

 

Translated by: A.M

Published in Economy
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