According to the information provided by consulting firm IES, car exports rose 11 percent during 2008 compared to the previous year, by amounting to 351.022 units.
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Trade deficit amounted to USD 24 millions, since exports increased 22 percent, reached USD 4.892 billion. Imports rose 39.2 percent to USD 5.016 billion.
On the other hand, exports amounted to USD 4.892 billioN, which implies a 22 percent year-to- year increase. This figure reached 36 percent in 2006 and 2007.
In relation to imports, the private report informed that 442. 949 units were reached during 2008. This percentage implies an increase of 21.5 percent compared to 2007.
Regarding the negative trade balance of the automotive sector, the consulting firm asserted it reached USD 124 millions. This amounts reverts the surplus obtained since 2006.
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