Argentina: Merchandise trade surplus shrinks in February
Latest reading: In February, the trade balance was USD +0.8 billion, following a USD +2.2 billion reading in the previous month. Over the last 12 months, the trade balance summed to USD +13.9 billion. This was the smallest surplus since May 2025.
Merchandise exports were down 2.9% in annual terms in February, coming on the back of a 22.5% increase in the prior month. February’s reading was the weakest since May 2025. Merchandise imports declined 11.8% in year-on-year terms in February, coming on the back of a 12.1% drop in the prior month.