Argentina: Merchandise trade surplus widens in March
Latest reading: In March, the trade balance was USD +2.5 billion, following a USD +0.8 billion reading in the prior month. Over the last 12 months, the trade balance summed to USD +15.8 billion.
Merchandise exports were up 30.1% in annual terms in March, following a 2.9% fall in the previous month. March’s reading was the strongest since December 2024 and driven by double-digit rises in agricultural, energy and manufactured exports. Merchandise imports were up 1.7% in year-on-year terms in March, following a 11.9% decline in the previous month.