Argentina Trade Surplus Expands in February

Argentina’s trade surplus rose to $2,523 million in March 2026, up from $623 million a year earlier, as exports climbed 30.1% year-on-year to $8,645 million. The increase was driven by a 56.2% surge in primary products, while manufactured and industrial goods rose 26.4% and fuels and energy gained 23.2%. Imports rose 1.7% to $6,122 million, led by a 105.9% jump in miscellaneous goods, which include postal deliveries, and a 61.7% rise in food and basic beverages. Intermediate goods purchases increased 10.2%, capital goods rose 6.6%, and durable goods climbed 4.5%.

Argentina’s trade surplus rose to USD 788 million in February 2026, up from USD 275 million a year earlier. Imports fell 11.8% year-on-year to USD 5.174 million, driven by a 14.9% decrease in quantities and a 3.7% rise in prices. Meanwhile, exports fell 2.9% to USD 5.962 million, led by a 7.1% decrease in quantities and a 4.4% rise in prices. For the year-to-date through February 2026, the trade surplus stood at USD 2.977 million, up from USD 438 million in the same period of 2025.

Argentina’s trade surplus rose to USD 1,987 million in January 2026, up from USD 162 million a year earlier. Imports fell 11.9% year-on-year to USD 5,070 million, driven by a 12.1% decrease in quantities and a 0.2% rise in prices. Meanwhile, exports rose 19.3% to USD 7,057 million, led by an 18.5% increase in quantities and a 0.7% rise in prices. For the year-to-date through January 2026, the trade surplus stood at USD 1,987 million, up from USD 162 million in the same period of 2025.