Argentina Achieves $1.575 Billion Trade Surplus in July

Argentina posted a trade surplus of $1.575 billion in July, with exports totaling $7.221 billion and imports reaching $5.646 billion. This is the eighth consecutive month of surplus, though it fell just below the $1.6 billion forecasted by a Reuters poll.


Devdiscourse News Desk | Updated: 21-08-2024 00:40 IST | Created: 21-08-2024 00:40 IST
Argentina Achieves $1.575 Billion Trade Surplus in July
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Argentina achieved a notable trade surplus of $1.575 billion in July, according to the latest data released by the government's statistics office on Tuesday.

The country recorded $7.221 billion in exports and $5.646 billion in imports for the month. This surplus marks the eighth consecutive month of trade growth.

Interestingly, the actual surplus was slightly below the $1.6 billion predicted in a Reuters poll, underscoring strong yet fluctuating economic performance.

(With inputs from agencies.)

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