Exports in Argentina

Argentina Exports (%) | Economic News & Forecasts

Argentina - Exports (percent change)

February sees sixth consecutive trade surplus

Exports rebounded 3.7% in year-on-year terms in February, following January’s 4.7% drop. February’s increase came on the back of a healthy rise in exports of manufactured products of industrial origin, and of manufactured products of agricultural origin. Foreign sales of fuels and energy products, and primary products also grew, albeit to a lesser extent. In terms of export markets, considerable expansions in exports to Brazil, China and the U.S. were only partially counterbalanced by declines in exports to Chile and Germany.

Imports plummeted 22.9% annually in February, a somewhat softer fall than January’s 26.5% contraction. A plunge in imports of capital and consumption goods, as well of imports of passenger motor vehicles, led February’s contraction.

Meanwhile, the trade balance surplus widened from a USD 0.4 billion surplus in January to a USD 0.5 billion surplus in February, the sixth consecutive surplus after 20 months in the red (February 2018: USD 0.9 billion deficit). The 12-month rolling trade deficit came in at USD 1.2 billion (February 2018: USD 9.9 billion shortfall), narrowing from January’s USD 2.5 billion deficit and marking the best result since July 2017.

Panelists participating in the LatinFocus Consensus Forecast expect exports to expand 11.7% in 2019 and imports to decrease 6.4%, pushing the trade balance to a USD 7.5 billion surplus. For 2020, the panel expects exports to increase 6.2% and imports to grow 7.7%, with a trade surplus of USD 7.1 billion.

Argentina - Exports (%) Data

2013  2014  2015  2016  2017  
Exports (annual variation in %)-5.0  -9.9  -17.0  1.7  1.2  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Argentina Facts

ValueChangeDate
Bond Yield6.690.15 %Dec 17
Exchange Rate42.510.45 %Apr 22
Stock Market30,7872.26 %Apr 22

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form