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 production of obscurity in Paris compares to the production of motor cars in Detroit in the great period of American industry.”
—Ernest Gellner (b. 1925)
“...I lost myself in my work and never felt that marriage would give me the security I wanted. I thought that through the trade union movement we working women could get better conditions and security of mind.”
—Mary Anderson (1872–1964)