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January 9, 2023
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January-November imports were the highest in 20 years

January-November imports were the highest in 20 years

The between January and November of last year they were the highest in the last 20 years. This was reported by the Research Center for Global Economy and Business of the Association of Exporters (Adex).

These totaled US$55,251.8 million, an amount that was 19.8% higher than that of the same period of 2021.

Said result was driven by the items metalworking, chemical and hydrocarbonswhich moved US$16,073.9 million, US$10,572.3 million and US$9,925.8 million, respectively.

Imports from agriculture, iron and steel, textiles, and non-metallic mining also stood out, ordered from highest to lowest magnitude.

To a lesser extent, below one billion dollars, were clothing items, the traditional miningthe timber sector and fishing.

TYPE OF USE AND ORIGIN

Due to their characteristics of use, in the period analyzed, raw materials and intermediate products (US$30,301.2 million) grew 34.4% and concentrated 54.8% of total imports.

In goods for industry, pharmaceutical chemists stood outwhich had a share of 11.8% of the total, with China being the main supplier with US$1,766.2 million.

While capital goods and construction materials US$13,948.3 million), represented 25.2% of the total imported, highlighting the purchases of capital goods for industry, mainly industrial machinery.

Finally, consumer goods (US$10,982.8 million) accumulated 19.9% ​​of the total imported, led by non-durable consumer goods, which grouped 11.8% and food products stood out.

Regarding the origin, China continued to stand out as the main country of origin of the products that entered the country.

“The main supplier was China (US$14,541.9 million), with 26.3% of the total imported. It was followed by the US (US$13,070.1 million), Brazil (US$3,859 million), Argentina (US$2,753.2 million), Mexico (US$1,871.5 million), Chile (US$1,427.6 million), among others”, reported the export union.

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