Jump to export. Photo: Juan Jose Garcia.
With a jump of 35.6%, in April Argentina’s exports were added US $ 8,327 million and set an all-time record for the month.
Unusual export prices boosted the record: in April the jump was 23.7% in value and 9.6% in volume, according to the INDEC report.
The total imports of April US $ 6,883 million, with year-on-year growth of 47.3%. This is the highest value reached for the month of April.
April closed with a surplus of US $ 1,444 million, the highest value of the last six months and 16 consecutive months of positive results was accumulated. In the first quarter of the year, the trade balance reached US $ 2,829 million.
Added first quarter of the year records for export and import. External sales accrue US $ 27,681 millionincreased by 28.5% compared to the first quarter of last year and surpassed the previous record in January-April 2012 by 14% .In the volume of exports, it reached the second highest record in history, surpassing only the same period since 2008.
It was also a historic quarter for imports, with a total US $ 24,852 million.
From the Argentine Foreign Ministry they emphasized that all major export items grew in April. Manufactures of industrial origin stood out, with an increase of 64.3% in value and nearly 30% in volume. There was also a strong increase in fuel and energy exports, which was 192.7%, driven both by larger quantities (78.5%) and their prices (63.5%).
The main export markets between January and April were Brazil (12.9%), the United States (7.6%), Chile (6.2%), China (5.9%) and India (5.0%).
Imports that grew the most in April were fuels and lubricants, which tripled in value by April 2021.. They had an increase of 73.8% in their prices and 72.6% in their quantities. Purchases of capital goods also grew (42.5%), with a significant increase (35.5%) in volumes.
The main source countries of imports in the first four months of 2022 were China (22.8%), Brazil (19.1%), United States (9.6%), Germany (3.7%), and Paraguay (2.8%). .
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Source: Clarin
