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1.27 billion dollars was the amount in commerce between Argentina and Venezuela in 2013.

1.27 billion dollars was the amount in commerce between Argentina and Venezuela in 2013.

Posted by Dubraswka Aguilar on April 12, 2014

President of the Advisory Council of the Venezuelan Argentina Chamber of Commerce (Cavenarg), Benjamin Tripier, reported that by 2013 the total amount of transactions of bilateral trade between the two countries was $ 1,270 million, 955 million dollars less than the value recorded in 2012.

Despite this decrease in the value of transactions, Tripier notes that trade relations between Venezuela and Argentina have increased steadily since 2004 and ties are of great economic importance for both nations. "While it is true that there is between the two countries, a political alliance driven by the commercial nexus that share answers a genuine influence", Tripier said.

During 2013, most of the exports were made from Argentina to Venezuela belong to the food sector and on average hold 56 % of the transactions. The items listed were more Information: fats and animal or vegetable oils (21 %), meat and edible offal (18%), milk and dairy products (13%), cereals (2%) and cereal preparations (2 %) .

Meanwhile, in trade recorded from Venezuela to Argentina in 2013 the presence of the mining and hydrocarbons sector through the sale of fuel , mineral oils and bituminous materials (56%), iron and steel (20 %) stands out and carbon (7%), according to the latest figures Cavenarg.

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