Monday, September 26

Trade surplus decelerated sharply to $ 397 million in November

Between both divisions they represented 51.7% of sales abroad. They particularly highlighted increases in shipments of cereals (+ u $ s532 million) and land transport material (+ u $ s388 million).

Meanwhile, Manfucaturas of Agricultural Origin they concentrated almost 40% of exports and exhibited an increase of 13.5% compared to November 2020.

At the same time, imports rose by 40.1% annually to u $ s5,767 million. The most significant growth within purchases was that of Intermediate goods (+ 53.4% ​​or u $ s818 million), which accounted for 40.8% of the total. There was also a jump of 217.1% year-on-year (+ u $ s343) in imports of Fuels and lubricants.

Exports slowed compared to the performance of recent months and imports remained at levels similar to those observed in the second semester.

Despite the decline in sales, when there is only one month left to finish the year Argentina shows a trade surplus of US $ 14,352 million in 2021, the highest since 2009.

Regarding the main trading partners, Brazil, China and the United States make up the podium, with Brazil standing out as the first destination for exports and China as the most important supplier.

Among the exports, India, Chile, Vietnam and the Netherlands also stand out as destinations. Likewise, the country buys from Paraguay and Germany for significant amounts.