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Argentina: Merchandise trade surplus narrows in September
Latest reading: In September, the trade balance was USD +0.9 billion, following a USD +1.4 billion figure in the prior month. Over the last 12 months, the trade balance summed to USD +9.9 billion.
Exports increased 16.9% in year-on-year terms in September, matching the prior month’s reading. Agricultural and fuel exports saw double digit growth in September. Imports increased 20.7% in annual terms in September, following 32.4% growth in the previous month.
