The trade balance showed a surplus of 1131 million US dollars in April according to Indec

In April, exports reached 5035 million USD, which represents an increase of 1.7% over one year, while imports totaled US $ 4174 millions of dollars, with a sharp drop of 31.6%.

In April, exports increased $ 90 million compared to April of the previous year, due to an increase in quantities of 10.3%, prices fell by 7.7%.

The Indec tweet:

Overseas sales of primary products increased by 18.8% and fuel sales by 5.8% year-on-year, while those of manufactured goods of agricultural origin (MOA) decreased by 5.6% and those of industrial origin (MOI) decreased. 2.3%. Imports in April were down $ 1,928 million from the same month a year earlier, resulting in a 3.5% drop in prices and a 29.1% reduction in quantities.

Foreign purchases of capital goods decreased by 42.3%; those of intermediate goods, 17.1%; those of fuels and lubricants 7.3%; those of parts and accessories for capital goods, 28.2%; those of consumer goods, 35.2% and those of pbadenger cars, 69.7%.

In April, the main trading partners were Brazil, China and the United States.

Exports to Brazil reached $ 889 million out of a total of 1.063 million sales at Mercosur and imports from this group of customs reached $ 952 million out of a total of 1.186 million sales.

IN ADDITION:

The currency has risen because of the trade tension between the United States and China

Argentina maintains a trade deficit of US $ 315 million with Mercosur, the largest remaining with China at US $ 1,683 million, followed by NAFTA (US, Canada and Mexico) at US $ 774 million. European Union with 746 million. millions, of the same currency.

On the other hand, the country records a trade surplus in terms of trade with ASEAN Asian countries for 991 million euros and with African countries grouped in the MAGREB for 962 million of dollars.

The April trade surplus is the product of higher exports and lower imports, reaching a surplus of $ 1,131 million, the second highest in the first quarter, far exceeding the deficit of 887 million recorded the same month the previous year. .

During the four-month period, the positive foreign trade balance reached $ 3,147 million during the quarter, exceeding the deficit of $ 3,259 million recorded in April of the previous year.