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Argentina's Trade Surplus Hits $888 Million in October

Summary by Devdiscourse
Argentina's Trade Surplus Hits $888 Million in October Argentina recorded a trade surplus of $888 million in October, according to the government's statistics office. The nation exported goods worth $7.016 billion, while imports totaled $6.128 billion.This marks the eleventh straight month of positive trade figures for the South American nation but failed to meet the $1.137 billion surplus forecast in a Reuters poll, reflecting ongoing economic…

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Thanks to strong export growth, Javier Milei's government achieved a trade surplus of US$888 million in October, thus yielding eleven consecutive months of positive figures in terms of foreign trade.So far this year, it accumulates a favorable result of US$15,955, something that underpins the idea of finishing 2024 with a historical record.The positive result of the tenth month of the year arises from having realized exports for US$7016 million …

·Buenos Aires, Argentina
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Argentina’s trade balance reached a surplus of US$ 888 million in October, thus adding eleven consecutive months with a positive balance, according to data published by the National Institute of Statistics and Censuses (INDEC). Between January and October 2024, the trade surplus was US$ 15,955 million. In October, exports reached the highest levels of ... Read more New trade balance entry with a surplus of US$ 888 million in October was first pu…

According to the latest Indec report, imports in October recorded an annual increase of 4.9%, the first positive change after twenty consecutive months of fall since February 2023

In January-October 2024 a US$ 15,955 million commercial super vit was registered.

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Devdiscourse broke the news in India on Wednesday, November 20, 2024.
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