INSUBCONTINENT EXCLUSIVE:
This marks the ninth consecutive month of growth and the sharpest annual rise in nearly a year.The surge reflects a robust economic recovery
gaining momentum throughout early 2025
Manufacturing imports led the expansion with a 20.9% increase, accounting for 73.7% of total purchases.Chemical products and transport
equipment drove this growth
Agricultural products, food, and beverages rose by 8.3%, representing 15.3% of total imports
Fuel and extractive industry products increased by a modest 2.8%, contributing 10.9% to the import bill.The United States and China remain
The US accounts for 24.3% of total purchases, while China follows closely at 24.2%
expanding by 2.7% in the first quarter of 2025
March alone saw GDP growth of 4.7% year-on-year
Economic Recovery Amid Widening Trade Deficit
OutlookEconomic experts project this trend will continue
warns it may deteriorate the current account balance.The central bank continues its gradual reduction of interest rates, projected to reach
This monetary easing supports domestic demand but may further stimulate imports.Analysts expect GDP growth around 2.5% for 2025, with
domestic consumption remaining the primary economic engine.
