Economy

Trade Flow Reaches US$ 48.2 Billion in January, Growing 2.1% Compared to the Same Period in 2024

Feb, 11, 2025 Posted by Denise Vilera

Week 202507

In January 2025, exports totaled US$25.2 billion, while imports reached US$23 billion, resulting in a positive balance of US$2.2 billion. The total trade flow amounted to US$48.2 billion, a 2.1% increase compared to January 2024.

The US$25.2 billion in exports in January is the second-highest value ever recorded, second only to 2024, which set a record with US$26.7 billion exported.

The manufacturing industry stood out in exports, showing a 0.1% growth. Among the top industrial products exported, pulp and meat recorded increases.

Among imports, intermediate goods showed the largest increase in imported value (18%), followed by capital goods (12.6%) and consumer goods (1.7%). Fuel imports decreased by 3.5%, while passenger vehicle imports dropped significantly by 37.7%.

Preliminary Monthly Trade Balance – Consolidated Data

Exports to the European Union increased 28.3%, while exports to Argentina rose 57.9%. Meanwhile, exports to China fell 29.7%, and to the United States, they dropped 4.3%. The Foreign Trade Secretariat of the Ministry of Development, Industry, Trade, and Services (Secex/MDIC) presented these and other results during a press conference.

Exports and Imports by Sector and Products

In January 2025, compared to the same month in the previous year, export performance by sector was as follows:

  • Manufacturing Industry: +US$ 0.01 billion (0.1%)
  • Agribusiness: -US$ 0.43 billion (-10.1%)
  • Extractive Industry: -US$ 1.12 billion (-13.6%)

For imports, the sector performance was:

  • Agribusiness: +US$ 0.1 billion (20.3%)
  • Extractive Industry: -US$ 0.11 billion (-9.1%)
  • Manufacturing Industry: +US$ 2.49 billion (13.4%)

Source: Diplomacia Business

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