In July, exports rose 22.3% over the same month the year before, which was below the 24.4% expansion observed in June but nonetheless marked the 16th consecutive month of double-digit growth. The July reading confirmed the strength of the external sector. In July, the moving 3-month sum of exports reached USD 23.3 billion, which was above the USD 23.0 recorded in the previous month and in fact marked a new record high. However, a month-on-month comparison does not corroborate the positive annual result, as exports contracted 2.6% on a seasonally-adjusted basis, which contrasted the 2.8% increase recorded in June. Meanwhile, imports grew 29.7% annually in July, down from the 36.5% expansion registered in June. As imports outpaced exports, the trade surplus narrowed from USD 1.0 billion in June to USD 0.7 billion in July.
Argentina Trade Balance
Exports post record high
August 23, 2011
Looking for forecasts related to Trade Balance in Argentina? Download a sample report now.
Argentina Economic News
October 4, 2016
At its weekly meeting on 4 October, the Central Bank of the Argentine Republic (BCRA) decided to keep the 35-day Lebac interest rate unchanged at 26.75%, matching the previous week’s decision.
September 30, 2016
In August, industrial production contracted 5.7% over the same month of the previous year, according to the latest data released by the National Statistical Institute (INDEC).
September 28, 2016
In July, the monthly indicator for economic activity (EMAE, Estimador Mensual de Actividad Económica) declined 5.9% year-on-year, which was below the 4.7% fall in June and represented the steepest contraction since July 2009.
September 28, 2016
In August, exports expanded 12.0% over the same month last year, which contrasted the 10.8% decrease seen in July and marked the highest reading since May 2013.
September 26, 2016
In August, consumer prices in the greater Buenos Aires capital area increased 0.2% over the previous month, according to recent data published by the National Statistics Institute (INDEC).