Argentina Trade Surplus Hits Record In May

2026-06-18 19:39 By Isabela Couto 1 min. read

Argentina’s trade surplus widened to a record $3.5 billion in May 2026 from $607 million a year earlier, well above forecasts of a $2.2 billion surplus and marking the 30th consecutive month of positive trade balances.

Exports surged 34.4% year-on-year to a record $9.5 billion, with all categories posting gains.

Fuels and energy led the increase, soaring 167.1% on higher crude oil and fuel exports.

Primary products rose 22.5%, led by oilseeds and oleaginous fruits.

Manufactures of agricultural origin increased 20.5%, supported by stronger shipments of fats and oils, meat products, and food industry waste, while industrial manufactures advanced 20.1%, led by chemical products.

Imports fell 7.0% to $6 billion.

The sharpest decline came from fuels and lubricants, down 32.9%, followed by parts and accessories (-26.6%), passenger vehicles (-21.3%), capital goods (-6.8%), and consumer goods (-2.3%).

Intermediate goods were the only major category to rise, increasing 8.6%.



News Stream
Argentina Trade Surplus Hits Record In May
Argentina’s trade surplus widened to a record $3.5 billion in May 2026 from $607 million a year earlier, well above forecasts of a $2.2 billion surplus and marking the 30th consecutive month of positive trade balances. Exports surged 34.4% year-on-year to a record $9.5 billion, with all categories posting gains. Fuels and energy led the increase, soaring 167.1% on higher crude oil and fuel exports. Primary products rose 22.5%, led by oilseeds and oleaginous fruits. Manufactures of agricultural origin increased 20.5%, supported by stronger shipments of fats and oils, meat products, and food industry waste, while industrial manufactures advanced 20.1%, led by chemical products. Imports fell 7.0% to $6 billion. The sharpest decline came from fuels and lubricants, down 32.9%, followed by parts and accessories (-26.6%), passenger vehicles (-21.3%), capital goods (-6.8%), and consumer goods (-2.3%). Intermediate goods were the only major category to rise, increasing 8.6%.
2026-06-18
Argentina Trade Surplus Hits Record High in April
Argentina’s trade surplus widened to $2.71 billion in April 2026, increasing 15.1% year-on-year to a record high, well above forecasts of $1.76 billion. Exports surged 33.6% to a record $8.91 billion, with all major categories posting annual gains. Fuels and energy exports jumped 85.9%, mainly driven by higher crude oil and fuel shipments. Industrial manufactured goods rose 43.3%, supported by stronger exports of precious stones and metals, transport equipment, and chemical products. Primary product exports increased 25%, with cereals contributing the most to the rise. Meanwhile, imports fell 4% to $6.20 billion, led by a 45.4% decline in fuels and lubricants. Imports of parts and accessories for capital goods also dropped 17.4%.
2026-05-20
Argentina Trade Surplus Widens in March
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%.
2026-04-20