Alarm among importers: activity slowed down for an unusual reason

# Socorrooooo # comex : The # banks DISCONNECTED the system for the PAYMENT of # impo !!! They came asking to slow down payments, but NOW directly # disconnect the system !!! They continue to affect the #production and the # RealEconomy !!! | @ ConventionUCR @ BancoCentral_AR pic.twitter .com / h7FSTS6TtL – Miguel Ponce (@IngMiguelPonce) September 30, 2021

“The banks disconnected the system for the payment of imports,” he warned and accompanied his message with a screenshot of the problem. Minutes later, Ponce explained that the inconveniences were not due to any decision of the banks or the Central Bank, but were caused by technical problems. “I confirm the answer that I am giving to those who consult me: There is no resolution from the Central Bank. There would be problems with the Internet throughout the country that affect certain networks and operating systems “, detailed the specialist.

#SOLVED # comex # Now Both the @ BancoCentral_AR as the # Private Banks that operate in # Comex give by # passed the inconvenience to make payments of # imports | @ ConventionUCR @ CIRAimporter @ aieratw @ CACteinforma @ fecacera @ UIAcomunicacion https://t.co/E5ku37wPdG – Miguel Ponce (@IngMiguelPonce) September 30, 2021

Finally, minutes after noon, the inconveniences for paying for imports had been overcome. Along with the political turbulence, this section of the year is once again marked by the multiplication of obstacles to import due to lack of dollars. From organizations that integrate, precisely, importers, to industries and businesses in general, complaints arise for the shortage of certain raw materials and finished products . One of the strongest examples concerns the availability of tires for automobiles and machinery. The missing, which in general terms is already one year old, had “relaxed” between June and July, but as of August the Government reduced the permits to enter imported items . Merchants and motorists consulted by iProfessional highlighted the lack of products from brands such as Dunlop. “All imported brands have supply problems,” commented a Buenos Aires marketer. “Goodyear is a brand whose products enter entirely by import. There is no local production. Something very similar happens with Michelin. The lines with the highest demand, that is 13 and 14, take months to enter . Sometimes up to 4. Vehicles 15 are also in a shortage situation, “a distributor with operations in western Buenos Aires told this media outlet. The problem is present throughout the national geography. “Everything that is mid and high-end cars, here we recommend that you order tires in advance because they are the ones that cost the most to get. At least 30 days in advance, because you have to start looking for the tire for each client in particular “, they exposed from the Febre marketer, in the province of Misiones. Entities in the vehicle accessories segment have been exposing this scenario of shortages for at least one semester . “The sector depends a lot on imports. 80 percent of the articles and spare parts sold in Argentina are imported, from Mercosur or extra-zone, or they are national, but with a high integration of components brought from abroad,” he said in this regard. José Armando Giordano, head of the Cordovan Chamber of Businessmen of Automotive and Related Parts (CERAC).

The tires of the main brands accumulate months of obstacles to enter Argentina.

“The shortfall responds to the fact that, to manufacture tires in Argentina, a series of inputs are required and many of these inputs are imported, they do not have national manufacture. The three local manufacturers have difficulties to transfer foreign currency, to import these inputs “, stated executives of the same entity. There is also no availability of tires for trucks and agricultural machinery. This last niche has been lowering its sales level, precisely, due to complications derived from obstacles to the entry of products developed outside the borders. Sources linked to the Argentine Tractor Manufacturers and Distributors Association (AFAT) commented to iProfesional that the absence of spare parts in general complicates the performance of manufacturers, which in the last quarter they were forced to default on a good part of the deliveries. “ Seeders and harvesters are the most affected lines. The Government releases very few permits due to the limited availability of dollars,” said a questioned voice.

Textile complication

Another segment in which complications are observed in terms of supplying imported goods is textiles. A survey recently released by the Argentine Industrial Chamber of Clothing (CIAI) recognizes the decrease in the entry of fabrics, accessories and elements to make footwear .

Difficulties in accessing supplies complicate the change of season.

“ Garment imports fell 56.3 percent in July 2021 compared to the same month in 2019 (if measured in quantities, the fall was 49.8 percent), according to customs information published by INDEC, “the report states in one of its sections. Garment manufacturers highlight the lack of inputs for the production of shoes , including leather –the vast majority of local production is exported–, for obstacles to the entry of certain finishes, yarns, dyes. “There are many problems for the entry of imported inputs, when one needs a different input to make a difference with the garments cannot find it “, they recognized very close to the entity. Know the value of the dollar in Dollar Today and I followed the price and behavior minute by minute. CLICK HERE