LatinNews Daily - 21 January 2026

*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$1.89bn in December 2025. This marks a decrease from the surplus of US$2.50bn in November and from US$1.68bn in December 2024. Exports in December this year totalled US$7.45bn, up 5.7% year-on-year, while imports totalled US$5.56bn, up 3.5% compared to the same month last year. In 2025 overall, the trade surplus totalled US$11.29bn, down from US$18.93bn in 2024. Exports rose by 9.3%, amounting to US$87.08bn, notably with primary products exports increasing to US$22.14bn (+21.2%) and fuel and energies adding up to US$11.09bn (+14.1%). Imports also increased by 24.7% in 2025. Consumer goods imports rose by 54.0% to US$11.40bn, and vehicle imports skyrocketed to US$5.68bn, a 97.6% increase. Argentina’s top export destinations in 2025 were Brazil, with an export value of US$12.77bn (-6.3% year-on-year), and China, with annual exports totalling US$9.80bn, a 61.4% yearly increase. Brazil was also the main source of imports, totalling US$18.42bn (+28.5% year-on-year), closely followed by China with US$17.95bn (+53.9%).

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