Argentina records a trade surplus of $ 5,589 million in first half – Telam



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Argentina's foreign trade posted a positive balance of US $ 5,589 million in the first half of 2019, thanks to exports of US $ 30,752 million compared to imports of US $ 25,163 million, according to preliminary figures released today. 39 by the National Institute of Statistics and Censuses (Indec)

According to the Indec report, exports in the first half increased by 2.4% compared to the same period last year, while imports decreased by 27.9%.

The Statistical Report on Foreign Trade of Argentina presents preliminary data for the first six months of 2019, which distinguish the export and import activities broken down by country and by region.

In the ranking of exports by country, Brazil leads with 17% of the total, followed by China with 7%; United States, 6%; Chile, 5%; Vietnam, 5%; India, 4%; Indonesia, 3%; Holland, 3%; Switzerland, 2% and Egypt, 2%, among other countries.

In the case of imports made by Argentina in the first half of 2019, Brazil participates with 21%; China, 18%; United States, 13%; Germany, 6%; Paraguay, 4%; Bolivia, 3%; Thailand, 2%; Mexico 2% and Spain 2%, among others.

In trade by region, exports to Mercosur totaled US $ 6,135 million, down 8.4%, while imports reached US $ 6,667 million.

37.8% lower compared to the first half of 2018.

The European Union has purchased US $ 3,851 million from Argentina, 14.9% less than the first half of 2018, and imports from the European bloc totaled US $ 4,668 million, with a reduction of 22%.

Nafta (United States, Canada, Mexico) imported for US $ 2,731 million, a decrease of 9.4%, while it sold for US $ 4,022 million, a decrease of 15.1%.

Exports to China (including Hong Kong and Macao), on the other hand, increased by 27.5%, reaching a volume of 2,365 million US dollars, while imports from this country decreased by 30,4% to reach a value of US $ 4,447 million.

Together with the countries of the Association of Southeast Asian Nations (ASEAN), shipments from Argentina increased by 21.9% to a total of US $ 3,378 million, and This block amounted to 1,266 million US dollars, a decrease of 16%. , 1% compared to the first half of last year.

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