For the accumulated period from January to August of this year, there is a trade deficit of 10,438 million dollars, greater than the 8,428 million for the same period in 2023.
In August the value of exports totaled 51,915 million dollars, of which 49,666 million were non-oil products and 2,249 million were oil products.
The exports reported a 1% annual dropderived from a 26.6% reduction in oil exports.
For their part, non-oil exports grew only 0.6%, those directed to the United States increased 2.2% at an annual rate and those to the rest of the world fell 7.7%.
In manufacturing exports, the most important increases were observed in machinery and special equipment for various industries, with 15.5%; of mining and metallurgy products, with 4.2%; of professional and scientific equipment, with 4.1%; and food, beverages and tobacco, with 3.3%.
But exports of automotive products registered an annual drop of 3.3%, with decreases of 0.7% in sales to the United States and 17.4% to other markets.
Regarding the importshis value reached 56,784 million dollars in August, an annual growth of 5.7%.
The growth in imports is explained by an increase of 8.8% in non-oil imports and a decrease of 26.% in oil imports.
By type of good, there was an 8.2% increase in imports of intermediate use goods, while drops of 1.3% were observed in imports of consumer goods and 2.6% in capital goods.
