July 24, 2014
Trade balance drops 7% in April
The National Statistics and Census Bureau (INDEC) reported today a US$926 million surplus and a 7 percent loss in April compared to the same month of 2013.
According to INDEC, exports fell 13% and imports dropped 14% in the month.
During the first 4 months of 2014, net exports reached a US$1.05bn surplus, falling 58% compared to the US$2.5bn registered in the same period of 2013.