The skyline in Argentina

Argentina Trade Balance September 2020

Argentina: Merchandise exports plunge in September

Merchandise exports tumbled 18.0% in annual terms in September, following August’s 11.3% slump. The print reflected contractions in all of the four major categories, with exports of primary products and of fuels and energy collapsing the most. In terms of export markets, September’s print mainly resulted from tumbling overseas shipments to Brazil, China and the U.S. outweighing higher exports to Chile and India.

Merchandise imports rebounded and expanded 3.1% in annual terms in September (August: -20.4% yoy). The uptick reflected rising purchases of intermediate and consumer goods as well as of equipment for capital goods.

Meanwhile, the trade surplus came in at USD 0.6 billion in September from August’s USD 1.4 billion (September 2019: USD 1.7 billion surplus). Lastly, the 12-month rolling trade balance declined from August’s USD 19.2 billion surplus to a USD 18.1 billion surplus in September (September 2019: USD 12.2 billion surplus).

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest