Argentina recorded a trade deficit of US$484 million in January, which contrasts with the positive balance in the same month of 2022 and shows the impact of the drought on the country’s exports, official sources said on Wednesday (22).
This balance is explained by a drop in exports, mainly of agricultural and livestock products, and a slight increase in purchases, despite the strong restrictions on imports that have been in place since July last year.
According to the National Institute of Statistics and Censuses (Indec), trade volume (exports plus imports) fell 4.8% year-on-year in January . . .