news agency
Industrial shipments fell 9.2% in the first 5 months of 2023

Industrial shipments fell 9.2% in the first 5 months of 2023

The industrial exports they totaled more than US$2,637 million 028,000 in the first five months of 2023. That shows a drop of -9.2% compared to the same period in 2022 (US$2,904,903,000). In addition, four of its six sectors closed negatively, reported the Association of Exporters (ADEX).

The chemical (-15.14%), textile (-15.09%), iron and steel (-10.6%) and clothing (-9.4%) categories were the ones that closed in red, while metalworking (11 .1%) and several (5.2%) are the only ones on the rise, according to the ADEX Data Trade Business Intelligence System.

In this sense, the union’s Manufacturing Manager, Melissa Vallebuona Peña, explained that this bad moment is partly due to the fact that one of our first commercial partners and the main destination for these shipments, The United States is experiencing a process of deceleration in its economy.

“It should be remembered that ADEX requested to maintain the Law for the Promotion of Non-Traditional Exports (DL No. 22342), since it promotes this type of dispatch to the world, generating job opportunities associated with this activity. In addition, it also supports sectoral initiatives such as Bill No. 5380-2022, which promotes economic reactivation and employment in the textile and clothing sector, ”he said.

Chemicals were shipped for more than US$798 million

The most important item of manufacturing shipments for US$ FOB amount was chemical (US$798 million 483,000) despite falling -15.14%, which represents 30.3% of the total. Its main items were sulfuric acid, zinc oxide, coloring lakesethyl alcohol, propylene polymer plates and sheets, among others, while its leading markets were made up of Chile, Ecuador, the United States, Bolivia and Colombia.

The iron and steel industry (US$677,030,000) represented 25.7% of these shipments and fell -10.6%. Among its first destinations are the United States, Colombia, Ecuador, Belgium and Bolivia. Its most exported products were refined copper wire, unalloyed zinc, iron bar or unalloyed steel, sheets and strips of refined copper and alloyed raw silver.

Clothing (US$497,336,000) also fell -9.4%. His offer was led by cotton t-shirts, single color cotton t-shirts, knit undershirts and knit shirts, among others. The United States concentrated 67.7% of this offer, followed by Brazil, Canada, Chile and Germany.

Textile shipments (US$183,015,000) decreased -15.04%. Fine carded or combed alpaca hair, wool yarn and other dyed cotton knitwear were its most requested products. The United States, Chile, Colombia, Italy and China stood out for their largest orders.

Source: Larepublica

You may also like

Hot News

TRENDING NEWS

Subscribe

follow us

Immediate Access Pro