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Record exports: they reached $88.446 million in 2022, but the surplus has fallen sharply

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Exports in 2022 set a record: they added $88.446 million, while imports reached US$81,523 million. Even if it has been tried of the greatest historical record, It was not enough to sustain the trade surplus, which halved in one year: it went from 6,923 million dollars to 14,751 million dollars.

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During the year, exports grew by 13.5%, while imports, despite the multiple restrictions applied by the government, increased by 29%, up to 81,523 million dollars.

Import inventories were particularly felt in the final month of last year as imports fell 19.3% to close 5,017 million dollars. In December, exports also decreased by 7.1%, 6,119 million dollars. The balance for that month was US$1,102 million.

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During the year, foreign sales increased by 13.5% due to the increase in prices (16.2%) and the reduction in quantities (-2.3%). Imports increased by 29.0% due to a 16.3% increase in prices and an 11.0% increase in quantities.

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Source: Clarin

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