In the first half, there was a trade surplus of 6.69 billion US dollars

Among exports, the annual increases in manufacturing stood out., both of agricultural origin (MOA) and of industrial origin (MOI), which represent more than 66% of sales.

Among the MOIs, the contributions of exports of land transport equipment (+ $ 345 million), chemicals (+ $ 247 million) and base metals (+ $ 118 million) stood out.

In addition, Among MOAs, the main contribution was made by shipments of oils and fats (+ US $ 405 million) and food industry waste (+ US $ 312 million), favored more than anything by an increase in international prices.

While, Within imports, there have been strong annual increases in acquisitions of capital goods and their components, intermediate goods, fuel and energy.. This happened as part of a larger trade exchange compared to a year ago due to the resumption of economic activity as Covid-19 infections began to subside.

In terms of trading partners, Brazil has remained at the forefront in June with an annual increase of 108.2% in exports and an increase of 78.6% in imports, which left Argentina with a deficit of only 75 million dollars. In second place was China, the nation with which the main negative trade balance was recorded, which reached around 675 million US dollars due to a significant increase in purchases and a decline in exports.

The month’s highest trade surplus was seen in the exchange with the Netherlands (US $ 288 million), driven by a 203.8% year-over-year sales increase. The trade balance with Chile also improved (US $ 252 million).