Forestry in Argentina - Production and Trade

Production and Trade

Argentina’s exports of forestry products began in the 1990s. However, as a producer of primary goods with low value added, the country experienced an overall trade deficit that ran from US$ 500 million to US$ 1 billion from 1992 to 2002. With the sharp devaluation of the peso in 2002, the exports of Argentine forest product were given a shot in the arm. Argentine goods became more attractive and exports began to increase, especially for high-value-added products. Between 2002 and 2004, exports increased from US$ 300 million to about US$ 700 million.

Read more about this topic:  Forestry In Argentina

Famous quotes containing the words production and/or trade:

    The myth of unlimited production brings war in its train as inevitably as clouds announce a storm.
    Albert Camus (1913–1960)

    People run away from the name subsidy. It is a subsidy. I am not afraid to call it so. It is paid for the purpose of giving a merchant marine to the whole country so that the trade of the whole country will be benefitted thereby, and the men running the ships will of course make a reasonable profit.... Unless we have a merchant marine, our navy if called upon for offensive or defensive work is going to be most defective.
    William Howard Taft (1857–1930)