The fall in the number of imported used vehicles has continued in the first five months of this year, falling by 40% compared to the same period in 2012.
According to data provided by the Ministry of Finance, the reduction was seen mainly in cars and a little less on vehicles used to transport goods. As for the import of new cars, they were also reduced, going from 17,306 in the first five months of 2012 to 16,425 in the same period in 2013, a reduction of 5%.
A drop in the collection of sales tax revenue by customs offices and of the internal sales tax confirms a drop in consumption by households and firms.
The decline in imports during the last year, caused a drop in sales tax revenue in customs, which in February, had a real decrease of 1.39% compared to the growth of 18.3% in the same period in 2012, according to calculations made by La Nacion using data supplied by the Ministry of Finance and the Central Bank.
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