Argentina's trade surplus rose to USD 1,667 million in September of 2021 from USD 598 million in the same month a year earlier and surpassing market expectations of a USD 1,315 million surplus. Exports surged 59.8 percent to USD 7,553 million, boosted by sales of oil and energy (135 percent); primary goods (106.4 percent); agroindustrials (43.8 percent) and industrial manufacturing (32.3 percent). Meanwhile, imports advanced at a slower 42.6 percent to USD 5,886 million, as higher purchases of fuels & lubricants (77.8 percent) and intermediate products (54.6 percent) were partly offset by a decline in those of vehicles (-36.4 percent). source: Instituto Nacional de Estadística y Censos (INDEC)
Balance of Trade in Argentina averaged 256.67 USD Million from 1957 until 2021, reaching an all time high of 2543 USD Million in May of 2009 and a record low of -1495 USD Million in November of 2017. This page provides the latest reported value for - Argentina Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Argentina Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Balance of Trade in Argentina is expected to be 1400.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Balance of Trade is projected to trend around 1200.00 USD Million in 2022 and 1400.00 USD Million in 2023, according to our econometric models.