Argentina: Merchandise exports continue to jump in June also due to a low base effect

argentina merchandise exports continue to jump in june also due to a low base effect

Sumary of Argentina: Merchandise exports continue to jump in June also due to a low base effect:

  • Merchandise exports soared 45.8% in annual terms in June, following May’s softer 34.2% jump.
  • The print again reflected a very low base effect and was driven by skyrocketing foreign sales of industrial and agricultural goods as well as by strong expansions in exports of energy and primary products.
  • Merchandise imports skyrocketed 79.1% in annual terms in June (May: +62.4% yoy).
  • Panelists participating in the LatinFocus Consensus Forecast expect merchandise exports to increase 7.6% in 2021 and merchandise imports to expand 13.3%, pushing the trade balance to a USD 16.5 billion surplus.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close