BUENOS AIRES, Feb. 13 (UPI) -- Argentina's easing of import restrictions led to a record surge in foreign product purchases in 2025, with consumer goods imports reaching $11.4 billion, according to the Economy Ministry.
The figures reflect a major shift in the country's economic direction after market-opening reforms promoted by President Javier Milei after decades of strict foreign trade controls.
Since taking office, Milei's administration has focused on dismantling those restrictions to increase competition and expand product availability for consumers amid high inflation and declining purchasing power.
Lower tariffs and fewer regulatory barriers have facilitated the entry of imported goods and accelerated changes in consumption patterns.
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