Argentina reports a record trade surplus of nearly $19 billion in 2024, reversing a deficit.
Argentina recorded a record trade surplus of nearly $19 billion in 2024, up from a $6.9 billion deficit in 2023. The increase was driven by a 33.4% rise in exports, particularly of agricultural products and industrial goods, and a 26.2% increase in imports. December alone saw a surplus of $1.666 million. Despite the economic improvement, Argentina's domestic economy remains under pressure from inflation and global trade dynamics. Brazil, the U.S., and Chile were key export destinations.
2 months ago
6 Articles
You have 6 free stories remaining this month. Subscribe anytime for unlimited access.