La balance of trade recorded a surplus of USD 414 million in September, according to a report by the National Institute of Statistics and Census (Indec) on Thursday (20.10.2022/XNUMX/XNUMX).
However, this positive balance implies a smaller proportion than the USD 1.685 million in favor that had been observed in the same month of 2021.
According to Indec, trade (exports plus imports) increased by 7,0% compared to the same month last year.
The exports Totals amounted to USD 7.407 million and fell 2,2% compared to September 2021. In nine months, they totaled USD 67.131 million and improved 15,2% compared to the same period last year.
Meanwhile, imports In the month they rose 18,8% to USD 6.993 billion and in nine months they grew 40,4% to USD 64.520 billion.
The year-on-year drop in exports is explained by the 12,5% reduction in the volume of shipments, which was offset by a 12% increase in prices..
Regarding segments, Indec revealed that prices for primary products rose 9% and quantities fell 16,4%.
Manufactures of Agricultural Origin (MOA) enjoyed a 15% increase in prices, but volume fell by 23,1%.
Meanwhile, Industrial Manufactures (MOI) registered increases of 5,3% in prices and 7,8% in volume. In fuels and energy, there was a 27,8% increase in prices and a 5,6% decrease in quantities.
The importsOverall, prices rose by 10,5%, while the volume purchased increased by 7,6%.
Once again, the highest incidence was observed in the energy sector, where prices increased by 91,5% in a context in which the volume acquired was reduced by 8,3%.
In Capital Goods, prices rose by 3,5%, while quantities grew by 10,7%. Intermediate goods saw a price increase of 16% but volume fell by 9,7%.
In Consumer Goods, values increased by 11,6% and quantities decreased by 3,2%.
Partners
In relation to the main trading partners, Argentina registered deficit with the three main ones. Namely: Facing China reached USD 555 million (exports for USD 1.063 million and imports for USD 1.628 million).
Ante Brazil The deficit was USD 288 million (USD 1.227 million in exports and USD 1.515 million in imports).
And with the European Union The imbalance was USD 247 million (exports for USD 800 million and imports for USD 1.047 million).
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