Argentina's trade surplus reached USD 1.666 million in December, contributing to a total 2024 balance of USD 18.899 million. Exports increased by 33.4%, driven largely by higher volumes, even as prices fell. Key export sectors included agricultural products, fuels, and primary goods like cereals and soybean oil. Imports also rose by 26.2%, highlighting rising demand. The country's economic stability is affected by significant market reliance on Brazil, Chile, the US, and China, compounded by inflation and external factors, such as US trade policy changes under Trump.
Argentina recorded a trade surplus of USD 1.666 million in December, contributing to a cumulative positive balance of USD 18.899 million for 2024.
Exports surged by 33.4% in comparison to the same period last year, driven by increased quantities sold, even as prices fell.
These figures underscore Argentina's reliance on key markets, notably Brazil, Chile, the United States, and China.
Despite the stable trade balance, the domestic economy remains fragile, partly due to inflationary pressures.
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