The trade balance was positive for the sixth consecutive month and reached $ 420 million in February.

In February the country reaches six consecutive months of surplus in your trade balance. The balance between exports and imports was favorable $ 460 million second month of the year and driven by slight sales growth, but mainly by a collapse of overseas purchaseswhich was almost 23%.

According to figures published by Indec, exports took place in February u $ 4664 million against imports of s4060 million dollars. The sharp drop in overseas purchases was mainly concentrated in pbadenger motor vehicles (-46.5%) and capital goods (-32%) and consumer goods (-28%).

Since September, after the last stage of the weight devaluation which began last April, the trend of the trade balance has been reversed. The balance was negative in the first eight months of 2018.

In the first two months of 2019, the balance in favor has already reached u $ 832 million. The government expects this year to accelerate exports providing foreign exchange and a resurgence of activity in the agricultural sector.

The 2019 budget foresaw an increase in exports about 21% in 2019, which would be "fueled by the rebound in agricultural exports (after the drought of 2018), the improvement of energy exports due to the development of Vaca Muerta and an acceleration of manufacturing exports of origin industrial hand in hand maturing investments, the improvement of the real exchange rate and the acceleration of Brazil ". For some badysts, this increase in sales will be lower.

According to the INDEC report, exports accelerated in February due to increase in sales of transport vehicles merchandise (approximately $ 102 million), soybean oil ($ 97 million) and boneless and frozen beef ($ 42 million).