Imports increased 5.1 percent from a year ago to USD 13.13 billion in March, mainly drive by purchases of capital (13 percent); intermediate (5.8 percent) and consumption goods (1.6 percent). On the other hand, purchases of fuels and lubricants decreased 0.5 percent. Shipments rose to China (3.0 percent) and the US (0.7 percent) while decreased to the EU (-1.3 percent).
Exports dropped 1.0 percent to USD 18.12 billion. Sales declined for manufactured products (-68.2 percent), namely cargo vehicles (-68.2 percent), fuels (-49.6 percent), and autos (-41.4 percent); semi-manufactured (-34.6 percent), of which sugar (-34.6 percent), and celullose (-12.0 percent). Meanwhile, sales of basic products went up 123.6 percent, mostly corn (86.7 percent), soybeans (30.2 percent), coffee beans (29.1 percent) and crude oil (14.4 percent). Exports declined to Argentina (-48.4 percent) and the EU (-2.9 percent), but advanced 6.1 percent to China and 9.6 percent to the US.