Grains

Argentine exports reach USD 6,443 million in February

Mar, 25, 2022 Posted by Gabriel Malheiros

Week 202212

In February, argentine exports totaled $6,443 million, while imports totaled $5,634 million. Shipments abroad increased 34.9% compared to the same month in 2021 (1,668 million dollars), owing to price increases of 20.4% and quantity increases of 12%.

Meanwhile, imports increased 51.7% compared to the same month of the previous year (1,921 million dollars), resulting in a rise of 27.6% in quantities and 18.3% in prices.

The trade balance registered a positive balance of 809 million dollars owning to Argentine exports in February, according to the National Institute of Statistics and Censuses (Indec).

As a result, the total amount of commercial exchange amounted to 12,077 million dollars, a 43% increase over the same period in 2021.

All market sectors recorded positive variations in imports, except for passenger motor vehicles, which fell 23.7%; meanwhile, fuel and lubricant imports rose 420.8%; consumer goods, 43%; parts and accessories for capital goods, 40.3%; and intermediate goods, 38.8%.

See below the track record of Argentine exports from January 2020 to January 2022. The data are from DataLiner.

Argentine Exports | Jan 2020 – Jan 2022 | TEU

Source: DataLiner (click here to request a demo)

Source: Portal Portuario 

To read the full original article, please go to:

https://portalportuario.cl/exportaciones-argentinas-alcanzan-usd-6-443-millones-en-febrero/

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