LatinNews Daily - 19 December 2025

*Argentina’s national statistics institute (Indec) has released its latest figures for the country’s trade balance of goods, showing a trade surplus of US$2.50bn in November 2025. This marks an increase from the surplus of US$800m in October and from US$1.28bn in November 2024. Exports in November this year totalled US$8.10bn, up 24.1% year-on-year, while imports totalled US$5.60bn, up 6.6% compared to the same month last year. Primary products posted a significant yearly rise in exports, with a monthly export value of US$2.02bn, up 87.1% year-on-year. Exports of fuel and energy rose by 52.8% year-on-year to reach US$1.01bn while manufactured industrial goods were also up, totalling US$2.32bn (+14.5%). Exports of manufactured agricultural products were down 0.4% on November 2024, totalling US$2.75bn. Argentina’s top export destinations in November were China, with an export value of US$1.32bn (+274.5% year-on-year), and Brazil, with monthly exports totalling US$1.09bn (-9.7%). China was also the main source of imports, which totalled US$1.48bn (+24.3% year-on-year), followed by Brazil on US$1.22bn (-11.7%).

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