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Ice Cream Imports Increased by 54 Percent, Here's Why
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In the first six months of 2025, merchandise exports totaled $1.6 billion, down 10.1% from the same period in 2024, while imports increased by 18.6% to $5.12 billion, according to data from the National Bureau of Statistics. This dynamic generated a record trade deficit of $3.52 billion, up 38.7% from last year. The export-import ratio fell to 31.3%, 10 percentage points lower than in 2024. In June 2025 alone, exports totaled $266.3 million, dow…
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