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September 19, 2014
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INDEC: Trade surplus fell by 27% during 2013

The National Institute of Statistics and Census (INDEC) has confirmed that Argentina's trade balance during 2013 left a surplus of 9.24bn dollars, falling by more than a quarter compared to the previous 12 months.

The annual figures mean that the surplus of 12.42bn dollars recorded in 2012 has been cut by 27 percent, the statistics agency informed today.

Exports in the past year grew by 3 percent to reach a value of US$83bn, while imports rose by 8 percent and totalled just over US$74bn.

One of the biggest falls month by month was seen in December, when a surplus of US$272m translated to an overall fall of 67 percent compared to the same period in 2012.

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Tags:  INDEC  trade surplus  statistics  





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