• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Argentine exports top USD 100 billion over 12 months and trade surplus reaches USD 26.472 billion

FinanceInternationalInfobae40 s readAI summary
Image: Infobae

According to Indec data released during the week, Argentina's exports over the last 12 months exceeded USD 100 billion (USD 100.845 billion) and the trade balance for the same period reached USD 26.472 billion, both records. In September, external sales hit a monthly high of USD 10.036 billion. The cash-basis surplus could exceed USD 30 billion by year-end, although imports fell 2.5% and capital goods showed sharp volume declines.

In 40 seconds

  • Exports over the last 12 months totaled USD 100.845 billion, a historic record, and the period's trade balance was USD 26.472 billion.
  • In September exports reached a monthly high of USD 10.036 billion against imports of USD 7.060 billion, for a balance of USD 2.976 billion.
  • The cash-basis surplus could exceed USD 30 billion by year-end, above the accrued figure.
Read the full story at Infobae

IASummary generated by artificial intelligence from a story by Infobae. It may contain errors: the original source prevails.

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading