HomeStoresArgentine trade deficit reaches $5.200 billion between January and September

Argentine trade deficit reaches $5.200 billion between January and September

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Exports in this period reached 43.990 billion dollars, a total of 0,7% more than in the same period in 2016, which is equivalent to 315 million dollars.

Between January and September 2017, imports amounted to 49.190 billion dollars, which represents an increase of 17,7% ($7.380 billion) compared to the same period last year.

The trade balance between January and September 2016, on the other hand, recorded a surplus of 1.865 billion dollars.

Trade balance in September

En In September, a deficit of 765 million dollars was also detected in Argentina's trade exchange., as exports amounted to 5.198 billion dollars and imports amounted to 5.963 billion dollars.

Sales of goods abroad rose 3,1% year-on-year last month (156 million dollars), while imports also grew 24,2% (1.163 billion dollars) compared to September 2016.

The The largest deficits in September were with China ($743 million), Brazil ($666 million) and Germany ($204 million).

Surpluses were achieved in trade with Chile (132 million dollars), Algeria (108 million dollars) and Vietnam (101 million dollars).

Brazil, China and the United States, the main trading partners, absorbed 35,1% of Argentina's exports and purchased 56,9% of the imports from that South American country.

The trade balance with the United States was also negative at 162 million dollars.

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