Argentina trade surplus reached US$11.7 billion in the first five months of 2026, topping all of 2025, as Vaca Muerta fuel exports jumped 167% in May.
ARGENTINA · ECONOMY
Key Facts
—What happened: Argentina’s trade surplus reached US$11.7 billion in the first five months of 2026.
—How it compares: The five-month total already exceeds everything Argentina earned abroad in all of 2025.
—The engine: Fuel and energy exports jumped 167% year-on-year in May as Vaca Muerta output hit records.
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