ECONOMIC INDICATORS

Argentina's exports surge, trade surplus topped US$2.7 billion in April

INDEC national statistics bureau releases latest trade figures, showing exports rose more than 33 percent to surpass US$8.9 billion last month.

Shipping containers. Foto: NA

Argentina’s trade balance posted a US$2.711-billion surplus in April, marking the 29th consecutive month in positive territory.

The result was driven by a historic increase in exports and a decline in imports. Total trade exchange — combining both flows — reached US$15.118 billion, up 15.1 percent year-on-year.

Exports totalled US$8.914 billion, recording a sharp 33.6-percent annual increase. The rise was driven by a 20.6-percent jump in export volumes and a 10.8-percent increase in prices.

Separate data on economic activity showed continued disparities between sectors. Mining, financial intermediation and agriculture are expected to continue expanding at or above the pace of the Monthly Economic Activity Estimator (EMAE), while industry and commerce are likely to lag behind.

The latest available EMAE figures showed the sharpest monthly contraction since December 2023, with activity falling 2.6 percent month-on-month.

Compared to the same month in 2025, activity declined 2.1 percent, marking the steepest contraction since the 2.4-percent fall recorded in September 2024.

Economy Minister Luis Caputo said the underlying trend remained positive despite the February decline, arguing that the month had two fewer working days than the same period in 2025 and was also affected by a general strike.

 

– TIMES/NA