Argentina posted a record trade surplus of US$2.7 bn in April. Exports also hit a new all-time high of US$8.9 bn, driven by a sharp surge in energy and industrial goods shipments.
President Javier Milei and Economy Minister Luis Caputo both celebrated the news. “RECORD EXPORTS TMAP. MAGA. VLLC!” Milei posted on X.
The economy minister noted that the fuel and energy category also set a new record, with exports worth US$1.5 bn — an 85.9% jump from a year earlier.
Caputo also said industrial manufactures hit their highest value since November 2012, reaching US$2.5 bn, a 43.3% year-on-year increase.
Manufactures of agricultural origin remained the largest category in Argentina’s export basket — 30.3% of the total — with a positive balance of US$2.7 bn.
