Argentinean petrochemical consumption has increased to almost 6 million metric tons (MMmt) in 2001 as shown in Table 1. However, a sharp decrease in the 2002 GDP (over - 10%) shou..
Argentinean petrochemical consumption has increased
to almost 6 million metric tons (MMmt) in 2001 as shown in
Table 1. However, a sharp decrease in the 2002 GDP (over -
10%) should have strongly reduced the petrochemical
consumption last year. Yet, during the last decade, imports
have exceeded petrochemical exports (Table 2). The imbalance
reached a peak of almost US$800 million in 1997 - 98. In
2001, the trade deficit was greatly reduced, and estimates
for 2002 indicate that, for the first time since 1990, a
balanced trade situation exists for
petrochemicals.
This balance resulted from a combination of two
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